https://www.taxtmi.com/caselaws?id=393004 The Appellate Tribunal CESTAT NEW DELHI set aside the denial of Cenvat credit and penalties imposed on directors of a manufacturing unit. The Revenue's case lacked substantial evidence beyond statements and failed to prove non-receipt of inputs. The Tribunal noted that similar investigations in other cases led to the allowance of Cenvat credit. The appellant demonstrated proper recording of transactions and use of inputs in manufacturing. As the statutory records confirmed input receipt, the Tribunal ruled in favor of the appellant, allowing all appeals and providing consequential relief. en-us Mon, 02 Mar 2020 00:00:00 +0530 Tue, 09 Feb 2021 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393004 The Appellate Tribunal CESTAT NEW DELHI set aside the denial of Cenvat credit and penalties imposed on directors of a manufacturing unit. The Revenue's case lacked substantial evidence beyond statements and failed to prove non-receipt of inputs. The Tribunal noted that similar investigations in other cases led to the allowance of Cenvat credit. The appellant demonstrated proper recording of transactions and use of inputs in manufacturing. As the statutory records confirmed input receipt, the Tribunal ruled in favor of the appellant, allowing all appeals and providing consequential relief. Case-Laws Central Excise Mon, 02 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393004