https://www.taxtmi.com/caselaws?id=343547 The Tribunal allowed the appeal, setting aside the denial of Cenvat Credit on inputs purchased from dealers accused of issuing fake invoices. The appellant demonstrated receiving raw materials with proper documentation and transportation permits, making payments through legitimate channels. Relying on precedents and emphasizing the appellant's diligence, the Tribunal overturned the penalties imposed, highlighting the importance of assessing each case on presented facts without burdening the assessee excessively. The decision focused on the genuineness of transactions and the appellant's compliance with Cenvat Credit Rules, ultimately granting them relief from the demand and penalties. en-us Thu, 16 Feb 2017 00:00:00 +0530 Sat, 27 May 2017 07:06:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343547 The Tribunal allowed the appeal, setting aside the denial of Cenvat Credit on inputs purchased from dealers accused of issuing fake invoices. The appellant demonstrated receiving raw materials with proper documentation and transportation permits, making payments through legitimate channels. Relying on precedents and emphasizing the appellant's diligence, the Tribunal overturned the penalties imposed, highlighting the importance of assessing each case on presented facts without burdening the assessee excessively. The decision focused on the genuineness of transactions and the appellant's compliance with Cenvat Credit Rules, ultimately granting them relief from the demand and penalties. Case-Laws Central Excise Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343547