https://www.taxtmi.com/caselaws?id=30262 Fraudulent availment of Modvat credit on the basis of sham invoices and fictitious transport evidence attracts reversal of the credit and supports recovery. Where fraud, collusion, wilful misstatement or suppression of facts is established, the extended limitation under Section 11A of the Central Excise Act, 1944 remains available and is not defeated merely because the Department later discovered the facts during search. On the stated facts, the evidence of non-receipt of goods and fabricated supporting documents justified disallowance of credit, interest, and penalty. en-us Thu, 17 Apr 2008 00:00:00 +0530 Tue, 19 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30262 Fraudulent availment of Modvat credit on the basis of sham invoices and fictitious transport evidence attracts reversal of the credit and supports recovery. Where fraud, collusion, wilful misstatement or suppression of facts is established, the extended limitation under Section 11A of the Central Excise Act, 1944 remains available and is not defeated merely because the Department later discovered the facts during search. On the stated facts, the evidence of non-receipt of goods and fabricated supporting documents justified disallowance of credit, interest, and penalty. Case-Laws Central Excise Thu, 17 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30262