https://www.taxtmi.com/caselaws?id=350992 Cenvat credit cannot be denied to a buyer who received inputs under duty-paid invoices from a registered supplier merely because the supplier is later alleged to have issued bogus invoices, where the transaction is shown to be bona fide. The decisive factors were receipt of inputs, payment through banking channels, use of the inputs through a job worker, and the absence of evidence from the Revenue to show an alternative procurement source or to rebut actual receipt and use. A CBEC circular was also relied on to state that credit need not be reversed when the consignee's bona fides are not in dispute. en-us Wed, 20 Sep 2017 00:00:00 +0530 Tue, 12 Dec 2017 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350992 Cenvat credit cannot be denied to a buyer who received inputs under duty-paid invoices from a registered supplier merely because the supplier is later alleged to have issued bogus invoices, where the transaction is shown to be bona fide. The decisive factors were receipt of inputs, payment through banking channels, use of the inputs through a job worker, and the absence of evidence from the Revenue to show an alternative procurement source or to rebut actual receipt and use. A CBEC circular was also relied on to state that credit need not be reversed when the consignee's bona fides are not in dispute. Case-Laws Central Excise Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350992