https://www.taxtmi.com/caselaws?id=31886 The Tribunal allowed the appeal, setting aside the denial of Cenvat credit for the period 2002-03 to 2006-07 and the imposition of penalty. It held that the manufacturer of final products is entitled to Cenvat credit of duty paid on inputs as evidenced by relevant invoices, regardless of subsequent price reductions by the supplier. The Tribunal emphasized that the credit cannot be reduced due to supplier actions, reaffirming the established legal principle that such credit is admissible. en-us Tue, 03 Jun 2008 00:00:00 +0530 Fri, 26 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31886 The Tribunal allowed the appeal, setting aside the denial of Cenvat credit for the period 2002-03 to 2006-07 and the imposition of penalty. It held that the manufacturer of final products is entitled to Cenvat credit of duty paid on inputs as evidenced by relevant invoices, regardless of subsequent price reductions by the supplier. The Tribunal emphasized that the credit cannot be reduced due to supplier actions, reaffirming the established legal principle that such credit is admissible. Case-Laws Central Excise Tue, 03 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31886