https://www.taxtmi.com/caselaws?id=433492 The Tribunal set aside the Commissioner's decision to disallow CENVAT credit and recovery, ruling in favor of the appellant. The Tribunal emphasized the revenue-neutral nature of the transactions, lack of evidence of wilful suppression, and the legal precedent that recovery demands cannot be raised at the recipient's end without supporting evidence. The decision underscored the importance of substantiating allegations with evidence and complying with legal principles in cases of CENVAT credit disallowance and recovery. en-us Tue, 31 Jan 2023 00:00:00 +0530 Wed, 01 Feb 2023 08:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433492 The Tribunal set aside the Commissioner's decision to disallow CENVAT credit and recovery, ruling in favor of the appellant. The Tribunal emphasized the revenue-neutral nature of the transactions, lack of evidence of wilful suppression, and the legal precedent that recovery demands cannot be raised at the recipient's end without supporting evidence. The decision underscored the importance of substantiating allegations with evidence and complying with legal principles in cases of CENVAT credit disallowance and recovery. Case-Laws Central Excise Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433492