https://www.taxtmi.com/caselaws?id=381119 Cenvat credit was inadmissible because the assessee did not take the reasonable steps required under Rule 7(2) to verify the identity and address of the invoice-issuing suppliers. The rule treated such steps as satisfied only where the manufacturer personally knew the supplier or verified the supplier through the prescribed certificate-based modes. Investigation showed that the invoices had been issued by fake, bogus and non-existent firms, and the assessee failed to establish any direct verification in the statutory manner. The endorsement through a merchant manufacturer did not cure that defect. Credit was therefore correctly denied as the fraudulent invoices vitiated the claim. en-us Mon, 03 Jun 2019 00:00:00 +0530 Wed, 05 Jun 2019 08:07:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381119 Cenvat credit was inadmissible because the assessee did not take the reasonable steps required under Rule 7(2) to verify the identity and address of the invoice-issuing suppliers. The rule treated such steps as satisfied only where the manufacturer personally knew the supplier or verified the supplier through the prescribed certificate-based modes. Investigation showed that the invoices had been issued by fake, bogus and non-existent firms, and the assessee failed to establish any direct verification in the statutory manner. The endorsement through a merchant manufacturer did not cure that defect. Credit was therefore correctly denied as the fraudulent invoices vitiated the claim. Case-Laws Central Excise Mon, 03 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381119