https://www.taxtmi.com/caselaws?id=182647 Modvat credit is admissible where inputs were received and consumed in the factory on invoices issued by a registered dealer, and the Revenue produces no contrary evidence of non-receipt of goods or non-payment against those invoices. The denial of credit on the allegation that non-duty-paid scrap was supplied instead of duty-paid inputs was not sustained because the assessee had received, used and paid for the goods, and the record did not disprove the invoices. The Tribunal also accepted that the ingredients of fraud, wilful misstatement, collusion, suppression, or contravention with intent to evade duty were not established. en-us Thu, 11 Oct 2007 00:00:00 +0530 Mon, 25 Sep 2017 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182647 Modvat credit is admissible where inputs were received and consumed in the factory on invoices issued by a registered dealer, and the Revenue produces no contrary evidence of non-receipt of goods or non-payment against those invoices. The denial of credit on the allegation that non-duty-paid scrap was supplied instead of duty-paid inputs was not sustained because the assessee had received, used and paid for the goods, and the record did not disprove the invoices. The Tribunal also accepted that the ingredients of fraud, wilful misstatement, collusion, suppression, or contravention with intent to evade duty were not established. Case-Laws Central Excise Thu, 11 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182647