https://www.taxtmi.com/caselaws?id=170397 Documentary evidence of receipt and movement of inputs can prevail over a bare statement when Cenvat credit is disputed; statutory records showing receipt, job-work movement, return of processed goods, and cheque payment were treated as sufficient, and the credit demand with interest and equal penalty failed. Finished excisable goods found in excess of RG-1 and not entered in statutory stock records were treated as liable to confiscation even without proof of mens rea; the confiscation was sustained, but the redemption fine was reduced as excessive. The note also restates that uncorroborated oral assertions are insufficient to displace contemporaneous records. en-us Mon, 19 Sep 2011 00:00:00 +0530 Mon, 27 Mar 2017 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170397 Documentary evidence of receipt and movement of inputs can prevail over a bare statement when Cenvat credit is disputed; statutory records showing receipt, job-work movement, return of processed goods, and cheque payment were treated as sufficient, and the credit demand with interest and equal penalty failed. Finished excisable goods found in excess of RG-1 and not entered in statutory stock records were treated as liable to confiscation even without proof of mens rea; the confiscation was sustained, but the redemption fine was reduced as excessive. The note also restates that uncorroborated oral assertions are insufficient to displace contemporaneous records. Case-Laws Central Excise Mon, 19 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170397