https://www.taxtmi.com/caselaws?id=356072 Cenvat credit was disallowed where transporter, dealer and bidder statements, together with vehicle movement data and invoice comparisons, showed that invoices covered only paper transactions and no actual receipt of goods. The appellant bore the burden of proving receipt and utilisation, which was not discharged, so reversal of credit, interest and the related penalty were sustained. Redemption fine was unsustainable because it is tied to confiscation, and no goods were seized or liable to confiscation on the facts found; that fine was therefore set aside. Penalty for participation in the fraudulent invoice arrangement was upheld because the record showed an organised scheme involving the appellant. en-us Fri, 19 Jan 2018 00:00:00 +0530 Sat, 24 Feb 2018 08:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356072 Cenvat credit was disallowed where transporter, dealer and bidder statements, together with vehicle movement data and invoice comparisons, showed that invoices covered only paper transactions and no actual receipt of goods. The appellant bore the burden of proving receipt and utilisation, which was not discharged, so reversal of credit, interest and the related penalty were sustained. Redemption fine was unsustainable because it is tied to confiscation, and no goods were seized or liable to confiscation on the facts found; that fine was therefore set aside. Penalty for participation in the fraudulent invoice arrangement was upheld because the record showed an organised scheme involving the appellant. Case-Laws Central Excise Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356072