https://www.taxtmi.com/caselaws?id=369955 Cenvat credit requires actual receipt of inputs in the factory and possession of prescribed duty-paying documents under the Cenvat Credit Rules, 2004. Credit reflected in accounting records without evidence of input receipt or supporting documents is inadmissible and liable to reversal. Where wrongly availed and utilised credit is established, consequential interest and recovery follow. Allegations of coercion or reliance on precedents do not displace a factual finding that the credit lacked documentary support and failed to meet statutory conditions for lawful availment. en-us Fri, 02 Nov 2018 00:00:00 +0530 Tue, 06 Nov 2018 07:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369955 Cenvat credit requires actual receipt of inputs in the factory and possession of prescribed duty-paying documents under the Cenvat Credit Rules, 2004. Credit reflected in accounting records without evidence of input receipt or supporting documents is inadmissible and liable to reversal. Where wrongly availed and utilised credit is established, consequential interest and recovery follow. Allegations of coercion or reliance on precedents do not displace a factual finding that the credit lacked documentary support and failed to meet statutory conditions for lawful availment. Case-Laws Central Excise Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369955