https://www.taxtmi.com/caselaws?id=448718 CESTAT Kolkata allowed the appeal and set aside the Commissioner's order regarding refund of duty paid and reversal of CENVAT credit based on diverted invoices. The tribunal held that endorsed invoices constitute proper documents for claiming Central Excise refund under Rule 9(1)(a)(i). Following Bombay HC precedent in a steel company case, the tribunal ruled that credit cannot be denied solely because invoices are endorsed, provided the duty-paid character of goods and their utilization in finished products are established. The tribunal distinguished earlier decisions and emphasized that mere endorsement does not alter the essential characteristics of validly issued invoices, allowing legitimate credit availment when all material requirements are met. en-us Thu, 25 Jan 2024 00:00:00 +0530 Sun, 28 Jan 2024 20:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448718 CESTAT Kolkata allowed the appeal and set aside the Commissioner's order regarding refund of duty paid and reversal of CENVAT credit based on diverted invoices. The tribunal held that endorsed invoices constitute proper documents for claiming Central Excise refund under Rule 9(1)(a)(i). Following Bombay HC precedent in a steel company case, the tribunal ruled that credit cannot be denied solely because invoices are endorsed, provided the duty-paid character of goods and their utilization in finished products are established. The tribunal distinguished earlier decisions and emphasized that mere endorsement does not alter the essential characteristics of validly issued invoices, allowing legitimate credit availment when all material requirements are met. Case-Laws Central Excise Thu, 25 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448718