https://www.taxtmi.com/caselaws?id=369955 Cenvat credit is available only when inputs are received in the factory and prescribed duty-paying documents are possessed under Rule 9. The article notes that the assessee's claimed credit was not supported by documentary evidence and was treated as taken without receipt of cenvatable inputs, making the credit inadmissible under the Cenvat Credit Rules, 2004. Once the credit was found wrongly taken and utilised, consequential interest liability and recovery followed. The challenge based on coercion and cited precedents did not overcome the factual finding that the statutory conditions for lawful availment were not met. 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 is available only when inputs are received in the factory and prescribed duty-paying documents are possessed under Rule 9. The article notes that the assessee's claimed credit was not supported by documentary evidence and was treated as taken without receipt of cenvatable inputs, making the credit inadmissible under the Cenvat Credit Rules, 2004. Once the credit was found wrongly taken and utilised, consequential interest liability and recovery followed. The challenge based on coercion and cited precedents did not overcome the factual finding that the statutory conditions for lawful availment were not met. Case-Laws Central Excise Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369955