https://www.taxtmi.com/caselaws?id=372466 The Tribunal ruled in favor of the manufacturing company appellant, allowing Cenvat credit on disputed goods and overturning penalties imposed on co-appellants. The appellant successfully demonstrated the legitimate use of the goods in manufacturing high-quality products, refuting Revenue's allegations. Lack of evidence of diversion or substitution of goods weakened Revenue's case. The Tribunal found the disputed goods formed a small percentage of total purchases, with suppliers confirming supply to the appellant. Consequently, the impugned order denying credit was set aside, and appeals were allowed with consequential relief. en-us Thu, 06 Dec 2018 00:00:00 +0530 Mon, 24 Dec 2018 07:55:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372466 The Tribunal ruled in favor of the manufacturing company appellant, allowing Cenvat credit on disputed goods and overturning penalties imposed on co-appellants. The appellant successfully demonstrated the legitimate use of the goods in manufacturing high-quality products, refuting Revenue's allegations. Lack of evidence of diversion or substitution of goods weakened Revenue's case. The Tribunal found the disputed goods formed a small percentage of total purchases, with suppliers confirming supply to the appellant. Consequently, the impugned order denying credit was set aside, and appeals were allowed with consequential relief. Case-Laws Central Excise Thu, 06 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372466