https://www.taxtmi.com/caselaws?id=416246 The Tribunal set aside the penalties imposed on the appellants for availing Cenvat Credit on allegedly fake invoices, citing insufficient evidence and unreliable witness statements. The Tribunal found no concrete proof of clandestine activities or issuance of fake invoices, emphasizing the lack of corroborative evidence and reliance on untrustworthy statements. Consequently, the Tribunal ruled in favor of the appellants, allowing all appeals and declaring the challenged order unsustainable. en-us Wed, 22 Dec 2021 00:00:00 +0530 Fri, 24 Dec 2021 08:46:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416246 The Tribunal set aside the penalties imposed on the appellants for availing Cenvat Credit on allegedly fake invoices, citing insufficient evidence and unreliable witness statements. The Tribunal found no concrete proof of clandestine activities or issuance of fake invoices, emphasizing the lack of corroborative evidence and reliance on untrustworthy statements. Consequently, the Tribunal ruled in favor of the appellants, allowing all appeals and declaring the challenged order unsustainable. Case-Laws Central Excise Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416246