https://www.taxtmi.com/caselaws?id=424635 The Tribunal allowed the appeal, overturning the penalty imposed on the appellant for alleged passing of bogus cenvat credit without actual delivery of goods. The appellant provided substantial evidence demonstrating proper documentation of goods supply and receipt of payments through legitimate channels. The Tribunal emphasized the importance of concrete evidence over suspicion, setting aside the impugned order and highlighting the necessity for solid evidence in cases involving duty credit transfers and fraudulent transactions. en-us Tue, 07 Jun 2022 00:00:00 +0530 Wed, 06 Jul 2022 08:11:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424635 The Tribunal allowed the appeal, overturning the penalty imposed on the appellant for alleged passing of bogus cenvat credit without actual delivery of goods. The appellant provided substantial evidence demonstrating proper documentation of goods supply and receipt of payments through legitimate channels. The Tribunal emphasized the importance of concrete evidence over suspicion, setting aside the impugned order and highlighting the necessity for solid evidence in cases involving duty credit transfers and fraudulent transactions. Case-Laws Central Excise Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424635