https://www.taxtmi.com/caselaws?id=291747 The Tribunal ruled in favor of the appellant, emphasizing the importance of reasonable steps taken to ensure duty payment on inputs and justifying the availed cenvat credit. The judgment highlighted the buyer's responsibility to verify supplier credentials and documentation while affirming the legality of the appellant's actions in this case. The Tribunal set aside the demand notice, penalties, and interest imposed, aligning with the principles of reasonable diligence by the buyer in verifying duty payments and entitlement to claim cenvat credit based on genuine transactions. en-us Fri, 25 Oct 2019 00:00:00 +0530 Tue, 24 Nov 2020 09:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291747 The Tribunal ruled in favor of the appellant, emphasizing the importance of reasonable steps taken to ensure duty payment on inputs and justifying the availed cenvat credit. The judgment highlighted the buyer's responsibility to verify supplier credentials and documentation while affirming the legality of the appellant's actions in this case. The Tribunal set aside the demand notice, penalties, and interest imposed, aligning with the principles of reasonable diligence by the buyer in verifying duty payments and entitlement to claim cenvat credit based on genuine transactions. Case-Laws Central Excise Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291747