https://www.taxtmi.com/caselaws?id=370860 The Tribunal ruled in favor of the appellants, setting aside the demand for fraudulently availed CENVAT Credit. The decision was based on the lack of concrete evidence implicating the appellants in fraudulent activities. The Tribunal emphasized that the appellants acted in good faith based on information provided by dealers and that without positive evidence of willful involvement in fraud, holding them liable for incorrect credit was unjustified. The ruling aligned with the principle that manufacturers need not extensively verify first-stage dealers' records beyond reasonable diligence, as highlighted in a previous High Court judgment. en-us Tue, 18 Sep 2018 00:00:00 +0530 Mon, 26 Nov 2018 07:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370860 The Tribunal ruled in favor of the appellants, setting aside the demand for fraudulently availed CENVAT Credit. The decision was based on the lack of concrete evidence implicating the appellants in fraudulent activities. The Tribunal emphasized that the appellants acted in good faith based on information provided by dealers and that without positive evidence of willful involvement in fraud, holding them liable for incorrect credit was unjustified. The ruling aligned with the principle that manufacturers need not extensively verify first-stage dealers' records beyond reasonable diligence, as highlighted in a previous High Court judgment. Case-Laws Central Excise Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370860