https://www.taxtmi.com/caselaws?id=417754 The Tribunal allowed the appeal, overturning the denial of cenvat credit by the adjudicating Authority. The appellant successfully demonstrated the legitimate availment of credit by providing evidence of genuine transactions and use of inputs in manufacturing final products. The Tribunal emphasized the recipient's duty to verify suppliers diligently and upheld the appellant's right to credit under the Act and Cenvat Credit Rules. The decision sets a precedent for cases challenging the denial of cenvat credit based on alleged wrongful availment without proper verification of transactions. en-us Mon, 31 Jan 2022 00:00:00 +0530 Tue, 01 Feb 2022 08:29:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417754 The Tribunal allowed the appeal, overturning the denial of cenvat credit by the adjudicating Authority. The appellant successfully demonstrated the legitimate availment of credit by providing evidence of genuine transactions and use of inputs in manufacturing final products. The Tribunal emphasized the recipient's duty to verify suppliers diligently and upheld the appellant's right to credit under the Act and Cenvat Credit Rules. The decision sets a precedent for cases challenging the denial of cenvat credit based on alleged wrongful availment without proper verification of transactions. Case-Laws Central Excise Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417754