https://www.taxtmi.com/caselaws?id=371167 The Tribunal set aside the order denying Cenvat credit to the manufacturer/buyers and imposing penalties on them, as no investigation was conducted at their end to verify receipt of inputs, and reliance solely on third-party statements was insufficient. The appeals of M/s Gupta Metal Sheets Pvt. Ltd. and Aggarwal Metal works Pvt. Ltd. were allowed. However, the penalty on first and second stage dealers, M/s V.K. Enterprises and M/s Shiva Metal Traders, was upheld as they failed to prove receipt of goods from the manufacturer/supplier. en-us Thu, 11 Oct 2018 00:00:00 +0530 Fri, 30 Nov 2018 07:21:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371167 The Tribunal set aside the order denying Cenvat credit to the manufacturer/buyers and imposing penalties on them, as no investigation was conducted at their end to verify receipt of inputs, and reliance solely on third-party statements was insufficient. The appeals of M/s Gupta Metal Sheets Pvt. Ltd. and Aggarwal Metal works Pvt. Ltd. were allowed. However, the penalty on first and second stage dealers, M/s V.K. Enterprises and M/s Shiva Metal Traders, was upheld as they failed to prove receipt of goods from the manufacturer/supplier. Case-Laws Central Excise Thu, 11 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371167