https://www.taxtmi.com/caselaws?id=265829 Cenvat credit on imported scrap could not be denied where the allegation of diversion rested mainly on inconsistent third-party statements and transport records, without independent corroboration such as seizure of diverted goods, proof of alternative procurement, or other material showing the inputs never reached the factory. The statements could not safely be relied upon against the assessee without cross-examination, absent statutory or exceptional reasons to deny that opportunity. On that basis, the denial of credit and the consequential penalties were held unsustainable. en-us Thu, 23 Jul 2015 00:00:00 +0530 Fri, 16 Oct 2015 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265829 Cenvat credit on imported scrap could not be denied where the allegation of diversion rested mainly on inconsistent third-party statements and transport records, without independent corroboration such as seizure of diverted goods, proof of alternative procurement, or other material showing the inputs never reached the factory. The statements could not safely be relied upon against the assessee without cross-examination, absent statutory or exceptional reasons to deny that opportunity. On that basis, the denial of credit and the consequential penalties were held unsustainable. Case-Laws Central Excise Thu, 23 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265829