https://www.taxtmi.com/caselaws?id=340591 The Appellate Tribunal CESTAT NEW DELHI confirmed the demand of Cenvat credit against the appellant assessee, along with penalties on the Managing Director and Partner. Allegations of clandestine removal were based on hand-written documents, leading to the denial of Cenvat credit due to overlapping quantities and invoices. The tribunal sustained the demand related to non-receipt of raw material but found errors in other aspects, remanding the matter for fresh adjudication to address duplication of demands and penalties. Emphasis was placed on the need for independent evidence and verification of transactions, with the order modified to set aside penalties for reevaluation. en-us Wed, 15 Feb 2017 00:00:00 +0530 Thu, 23 Mar 2017 09:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340591 The Appellate Tribunal CESTAT NEW DELHI confirmed the demand of Cenvat credit against the appellant assessee, along with penalties on the Managing Director and Partner. Allegations of clandestine removal were based on hand-written documents, leading to the denial of Cenvat credit due to overlapping quantities and invoices. The tribunal sustained the demand related to non-receipt of raw material but found errors in other aspects, remanding the matter for fresh adjudication to address duplication of demands and penalties. Emphasis was placed on the need for independent evidence and verification of transactions, with the order modified to set aside penalties for reevaluation. Case-Laws Central Excise Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340591