https://www.taxtmi.com/caselaws?id=370618 The Tribunal set aside the demand for denial of Cenvat credit and penalties imposed on the appellants for allegedly availing inadmissible credit without receiving raw materials. The Tribunal found the Revenue failed to prove non-receipt of inputs, emphasizing the appellants' use of materials in manufacturing final products cleared with duty payment. Lack of evidence on diversion of raw materials or alternative procurement weakened the Revenue's case. Citing legal precedents, the Tribunal ruled in favor of the appellants due to the Revenue's reliance on assumptions without substantial proof, ultimately allowing both appeals. en-us Wed, 14 Nov 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370618 The Tribunal set aside the demand for denial of Cenvat credit and penalties imposed on the appellants for allegedly availing inadmissible credit without receiving raw materials. The Tribunal found the Revenue failed to prove non-receipt of inputs, emphasizing the appellants' use of materials in manufacturing final products cleared with duty payment. Lack of evidence on diversion of raw materials or alternative procurement weakened the Revenue's case. Citing legal precedents, the Tribunal ruled in favor of the appellants due to the Revenue's reliance on assumptions without substantial proof, ultimately allowing both appeals. Case-Laws Central Excise Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370618