https://www.taxtmi.com/caselaws?id=427589 Statements recorded during excise investigation could not be relied on to prove their contents in adjudication because the mandatory procedure under Section 9D was not followed; once excluded, the remaining material was insufficient to sustain the demand. CENVAT credit also could not be denied merely on an allegation that the supplier issued invoices without supplying goods, where the assessee had received the goods and recorded them in its accounts. The recipient's obligation was limited to receipt and proper accounting of the goods, and it was not required to verify the entire upstream supply chain. The demand and penalties were therefore unsustainable. en-us Mon, 12 Sep 2022 00:00:00 +0530 Tue, 13 Sep 2022 06:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427589 Statements recorded during excise investigation could not be relied on to prove their contents in adjudication because the mandatory procedure under Section 9D was not followed; once excluded, the remaining material was insufficient to sustain the demand. CENVAT credit also could not be denied merely on an allegation that the supplier issued invoices without supplying goods, where the assessee had received the goods and recorded them in its accounts. The recipient's obligation was limited to receipt and proper accounting of the goods, and it was not required to verify the entire upstream supply chain. The demand and penalties were therefore unsustainable. Case-Laws Central Excise Mon, 12 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427589