https://www.taxtmi.com/caselaws?id=390930 Modvat credit on dealer invoices cannot be denied merely because the supplier chain is suspected, where the buyer maintains statutory records, files returns, and receives goods in the ordinary course from registered dealers. The department cannot insist on impractical verification of the supplier's internal affairs once reasonable steps have been taken and the documents are in order. Extended limitation is not available where the credit documents and returns were already before the department and the facts do not show suppression. A retracted witness statement and an extraneous challenge to the technical or economic viability of the inputs do not sustain the demand. en-us Fri, 03 Jan 2020 00:00:00 +0530 Wed, 15 Jan 2020 06:15:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390930 Modvat credit on dealer invoices cannot be denied merely because the supplier chain is suspected, where the buyer maintains statutory records, files returns, and receives goods in the ordinary course from registered dealers. The department cannot insist on impractical verification of the supplier's internal affairs once reasonable steps have been taken and the documents are in order. Extended limitation is not available where the credit documents and returns were already before the department and the facts do not show suppression. A retracted witness statement and an extraneous challenge to the technical or economic viability of the inputs do not sustain the demand. Case-Laws Central Excise Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390930