https://www.taxtmi.com/caselaws?id=366184 The tribunal upheld the decision of the Commissioner of Central Excise & Customs (Appeals) regarding the availment of CENVAT credit on 'heavy melting scrap.' The appellant's claim for credit based on invoices without corresponding stock receipt was rejected due to insufficient evidence of scrap receipt from the supplier. Despite maintaining records, the appellant failed to prove the legitimacy of the credit availed, leading to the dismissal of the appeals. The judgment emphasizes the necessity of maintaining accurate records and aligning invoices with actual stock receipts to avoid disputes over CENVAT credit eligibility. en-us Wed, 11 Apr 2018 00:00:00 +0530 Fri, 31 Aug 2018 06:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366184 The tribunal upheld the decision of the Commissioner of Central Excise & Customs (Appeals) regarding the availment of CENVAT credit on 'heavy melting scrap.' The appellant's claim for credit based on invoices without corresponding stock receipt was rejected due to insufficient evidence of scrap receipt from the supplier. Despite maintaining records, the appellant failed to prove the legitimacy of the credit availed, leading to the dismissal of the appeals. The judgment emphasizes the necessity of maintaining accurate records and aligning invoices with actual stock receipts to avoid disputes over CENVAT credit eligibility. Case-Laws Central Excise Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366184