https://www.taxtmi.com/caselaws?id=343774 The Tribunal found in favor of M/s Hardayal Engineering Works Pvt. Ltd. in a case concerning the admissibility and calculation of Cenvat credit. The Tribunal held that the demand for recovery of excess credit was based on presumption without proper verification of input consumption, rendering it unsustainable. It was noted that the demand lacked a valid basis and should rely on independent evidence rather than pre-deposits. The Order-in-Original was set aside, emphasizing the need for proper verification and establishing liability with appropriate evidence. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 07 Feb 2018 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343774 The Tribunal found in favor of M/s Hardayal Engineering Works Pvt. Ltd. in a case concerning the admissibility and calculation of Cenvat credit. The Tribunal held that the demand for recovery of excess credit was based on presumption without proper verification of input consumption, rendering it unsustainable. It was noted that the demand lacked a valid basis and should rely on independent evidence rather than pre-deposits. The Order-in-Original was set aside, emphasizing the need for proper verification and establishing liability with appropriate evidence. Case-Laws Central Excise Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343774