https://www.taxtmi.com/caselaws?id=355194 The Tribunal upheld the decision to drop demands and penalties on the respondents for alleged bogus invoices for cenvat credit. The Tribunal found that the respondents were entitled to the credit as they received goods against proper invoices, in accordance with the CCR Rule 9. It was determined that the lack of investigation at the respondents' end did not negate their entitlement to the credit. The Tribunal emphasized the need for substantial evidence to deny cenvat credit and aligned with the High Court's decision, ultimately dismissing the Revenue's appeals and ruling in favor of the respondents. en-us Fri, 17 Nov 2017 00:00:00 +0530 Mon, 12 Feb 2018 07:16:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355194 The Tribunal upheld the decision to drop demands and penalties on the respondents for alleged bogus invoices for cenvat credit. The Tribunal found that the respondents were entitled to the credit as they received goods against proper invoices, in accordance with the CCR Rule 9. It was determined that the lack of investigation at the respondents' end did not negate their entitlement to the credit. The Tribunal emphasized the need for substantial evidence to deny cenvat credit and aligned with the High Court's decision, ultimately dismissing the Revenue's appeals and ruling in favor of the respondents. Case-Laws Central Excise Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355194