https://www.taxtmi.com/caselaws?id=342810 Cenvat credit was treated as admissible where goods were sent for job work under Notification No. 214/86-CE, because the supplier remained responsible for duty on the finished products and the transaction showed no evasion, suppression, or fraud. The Tribunal also relied on a Board circular stating that reversal or recovery of credit from the consignee need not be pursued when the transaction is bona fide. It applied the further principle that an issue at the supplier's end should not, by itself, disturb assessment at the input receiver's end. On that basis, denial of credit was unsustainable. en-us Tue, 18 Apr 2017 00:00:00 +0530 Fri, 12 May 2017 07:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342810 Cenvat credit was treated as admissible where goods were sent for job work under Notification No. 214/86-CE, because the supplier remained responsible for duty on the finished products and the transaction showed no evasion, suppression, or fraud. The Tribunal also relied on a Board circular stating that reversal or recovery of credit from the consignee need not be pursued when the transaction is bona fide. It applied the further principle that an issue at the supplier's end should not, by itself, disturb assessment at the input receiver's end. On that basis, denial of credit was unsustainable. Case-Laws Central Excise Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342810