https://www.taxtmi.com/caselaws?id=340146 The Appellate Tribunal CESTAT NEW DELHI adjudicated on the case involving M/s Genus Power Infrastructures Limited, disallowing cenvat credit and imposing a penalty. The tribunal found in favor of the appellant, noting that the inputs were received and used in manufacturing, and the Revenue's appeal lacked substantial evidence. Allegations of non-receipt of inputs were dismissed due to lack of evidence. The appellant's request for cross-examination of witnesses was granted for a fair opportunity. The confirmation of demand and penalty imposition lacked substantive reasoning and required reexamination. Ultimately, the denial of cenvat credit was not legally sustainable without evidence of diversion, leading to a remand for a fresh decision. en-us Thu, 09 Feb 2017 00:00:00 +0530 Sat, 30 Dec 2017 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340146 The Appellate Tribunal CESTAT NEW DELHI adjudicated on the case involving M/s Genus Power Infrastructures Limited, disallowing cenvat credit and imposing a penalty. The tribunal found in favor of the appellant, noting that the inputs were received and used in manufacturing, and the Revenue's appeal lacked substantial evidence. Allegations of non-receipt of inputs were dismissed due to lack of evidence. The appellant's request for cross-examination of witnesses was granted for a fair opportunity. The confirmation of demand and penalty imposition lacked substantive reasoning and required reexamination. Ultimately, the denial of cenvat credit was not legally sustainable without evidence of diversion, leading to a remand for a fresh decision. Case-Laws Central Excise Thu, 09 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340146