https://www.taxtmi.com/caselaws?id=349046 Fraudulent invoices unsupported by actual receipt of duty-paid goods cannot sustain Cenvat credit; where dealer records, supplier existence, freight evidence, and vehicle details do not correlate, the credit is rightly denied and the demand with company penalty is maintained. Personal penalty under Rule 26(2)(ii) cannot be imposed for conduct that occurred before that provision was inserted on 01.03.2007, so penalties on the director and general manager were set aside as the penal clause was not in force when the alleged offence occurred. en-us Thu, 21 Sep 2017 00:00:00 +0530 Fri, 13 Oct 2017 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349046 Fraudulent invoices unsupported by actual receipt of duty-paid goods cannot sustain Cenvat credit; where dealer records, supplier existence, freight evidence, and vehicle details do not correlate, the credit is rightly denied and the demand with company penalty is maintained. Personal penalty under Rule 26(2)(ii) cannot be imposed for conduct that occurred before that provision was inserted on 01.03.2007, so penalties on the director and general manager were set aside as the penal clause was not in force when the alleged offence occurred. Case-Laws Central Excise Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349046