https://www.taxtmi.com/caselaws?id=188053 Where modvat credit is challenged on allegedly invalid invoices, primary documentary evidence such as delivery challans, excise invoices, cheque payments, issue slips and stock verification records prevails over uncorroborated oral statements. In the absence of positive and reliable proof of fraudulent availment, denial of credit is not justified. The absence of willful misstatement or suppression also prevents invocation of the extended limitation period, so the demand is time-barred and the penalty cannot survive. en-us Thu, 27 Jul 2006 00:00:00 +0530 Wed, 16 Nov 2016 14:12:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188053 Where modvat credit is challenged on allegedly invalid invoices, primary documentary evidence such as delivery challans, excise invoices, cheque payments, issue slips and stock verification records prevails over uncorroborated oral statements. In the absence of positive and reliable proof of fraudulent availment, denial of credit is not justified. The absence of willful misstatement or suppression also prevents invocation of the extended limitation period, so the demand is time-barred and the penalty cannot survive. Case-Laws Central Excise Thu, 27 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188053