https://www.taxtmi.com/caselaws?id=261708 CENVAT credit cannot be denied solely on the basis of a broker's diary and untested third-party statements where the assessee is not allowed cross-examination and the record lacks independent corroboration. The article emphasises that statements used against a noticee ordinarily require an opportunity for cross-examination unless exceptional circumstances exist, and that private diary entries by themselves do not establish liability without reliable supporting evidence. Where there is no independent proof of non-receipt of inputs, alternative procurement, cash flow-back, or clandestine diversion, the demand is not sustainable. en-us Fri, 17 Jul 2015 00:00:00 +0530 Mon, 20 Jul 2015 09:47:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261708 CENVAT credit cannot be denied solely on the basis of a broker's diary and untested third-party statements where the assessee is not allowed cross-examination and the record lacks independent corroboration. The article emphasises that statements used against a noticee ordinarily require an opportunity for cross-examination unless exceptional circumstances exist, and that private diary entries by themselves do not establish liability without reliable supporting evidence. Where there is no independent proof of non-receipt of inputs, alternative procurement, cash flow-back, or clandestine diversion, the demand is not sustainable. Case-Laws Central Excise Fri, 17 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261708