https://www.taxtmi.com/caselaws?id=896 Cenvat credit taken on duty shown in supplier invoices was not required to be reversed merely because the supplier later granted a cash discount reducing the invoice price. Credit had been validly availed on the basis of invoices showing duty actually paid, and a later price reduction did not by itself establish excess or wrong credit. Reversal would arise only if investigation showed that the supplier had obtained a refund or otherwise retained excess duty, and no such evidence was available. The demand for reversal was therefore not sustainable on the facts found, and relief followed. en-us Fri, 28 Jul 2006 00:00:00 +0530 Mon, 26 Oct 2015 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=896 Cenvat credit taken on duty shown in supplier invoices was not required to be reversed merely because the supplier later granted a cash discount reducing the invoice price. Credit had been validly availed on the basis of invoices showing duty actually paid, and a later price reduction did not by itself establish excess or wrong credit. Reversal would arise only if investigation showed that the supplier had obtained a refund or otherwise retained excess duty, and no such evidence was available. The demand for reversal was therefore not sustainable on the facts found, and relief followed. Case-Laws Central Excise Fri, 28 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=896