https://www.taxtmi.com/caselaws?id=355685 The appeals were filed against an Order-in-Appeal confirming demand and penalties imposed on M/s Yash Industries, M/s Shreeji Aluminium, its Director, and a transporter for allegedly availing credit without actual receipt of goods. The appellant successfully argued that M/s Yash Industries regularly procured rejected goods from M/s Shreeji Aluminium for manufacturing purposes, supported by statements of involved parties and business records. Despite documentation discrepancies, the court found the appellant eligible for credit, overturning the penalties and demand based on the evidence of genuine business transactions. The impugned order was set aside, and all appeals were allowed in favor of M/s Yash Industries. en-us Fri, 29 Dec 2017 00:00:00 +0530 Sat, 17 Feb 2018 06:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355685 The appeals were filed against an Order-in-Appeal confirming demand and penalties imposed on M/s Yash Industries, M/s Shreeji Aluminium, its Director, and a transporter for allegedly availing credit without actual receipt of goods. The appellant successfully argued that M/s Yash Industries regularly procured rejected goods from M/s Shreeji Aluminium for manufacturing purposes, supported by statements of involved parties and business records. Despite documentation discrepancies, the court found the appellant eligible for credit, overturning the penalties and demand based on the evidence of genuine business transactions. The impugned order was set aside, and all appeals were allowed in favor of M/s Yash Industries. Case-Laws Central Excise Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355685