https://www.taxtmi.com/caselaws?id=195983 Cenvat credit on capital goods was held allowable even though factory registration was obtained later, because the credit otherwise accrued in the year of receipt and was not lost by subsequent registration. Demand based on shortage of raw material found during physical verification was sustained, as the assessee did not successfully rebut the verification findings. Cenvat credit was also held not to be deniable merely because invoices were produced as Xerox copies, since secondary evidence was admissible where originals were not produced and the assessee was not given an opportunity to file them. The appeal succeeded only on the credit-related issues and failed on the shortage demand. en-us Wed, 25 Jan 2017 00:00:00 +0530 Thu, 16 Nov 2017 06:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195983 Cenvat credit on capital goods was held allowable even though factory registration was obtained later, because the credit otherwise accrued in the year of receipt and was not lost by subsequent registration. Demand based on shortage of raw material found during physical verification was sustained, as the assessee did not successfully rebut the verification findings. Cenvat credit was also held not to be deniable merely because invoices were produced as Xerox copies, since secondary evidence was admissible where originals were not produced and the assessee was not given an opportunity to file them. The appeal succeeded only on the credit-related issues and failed on the shortage demand. Case-Laws Central Excise Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195983