https://www.taxtmi.com/caselaws?id=751952 The CESTAT New Delhi allowed the appeal in a CENVAT credit case where the appellant was accused of receiving invoices without actual duty-paid goods from non-existent manufacturers and dealers. The appellant had verified invoices were in prescribed format under Rule 11 of Central Excise Rules, 2002, the dealer was registered with central excise authorities, goods were transported with proper documentation, statutory records were maintained, and payments made through banking channels. The tribunal found the appellant had taken all reasonable precautions per Rule 9(5) of CENVAT Credit Rules, 2004, setting aside the recovery demand, interest, and penalties. en-us Mon, 29 Apr 2024 00:00:00 +0530 Wed, 01 May 2024 05:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751952 The CESTAT New Delhi allowed the appeal in a CENVAT credit case where the appellant was accused of receiving invoices without actual duty-paid goods from non-existent manufacturers and dealers. The appellant had verified invoices were in prescribed format under Rule 11 of Central Excise Rules, 2002, the dealer was registered with central excise authorities, goods were transported with proper documentation, statutory records were maintained, and payments made through banking channels. The tribunal found the appellant had taken all reasonable precautions per Rule 9(5) of CENVAT Credit Rules, 2004, setting aside the recovery demand, interest, and penalties. Case-Laws Central Excise Mon, 29 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751952