https://www.taxtmi.com/caselaws?id=763257 The Bombay HC dismissed an appeal challenging a Tribunal order that upheld recovery of wrongly availed CENVAT Credit of Rs. 5,63,66,047/-. The appellant cleared imported goods directly from customs bonded warehouse to customers but maintained records showing goods entered and left factory premises, enabling customers to claim inadmissible CENVAT Credit. The HC held that limitation issues cannot be raised on appeal since they were not argued before the Tribunal despite being mentioned in appeal grounds. The factual findings regarding the fraudulent modus operandi, confirmed by customer statements and appellant's admissions, were upheld as they raised no substantial questions of law warranting interference. en-us Sat, 14 Dec 2024 00:00:00 +0530 Mon, 16 Dec 2024 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763257 The Bombay HC dismissed an appeal challenging a Tribunal order that upheld recovery of wrongly availed CENVAT Credit of Rs. 5,63,66,047/-. The appellant cleared imported goods directly from customs bonded warehouse to customers but maintained records showing goods entered and left factory premises, enabling customers to claim inadmissible CENVAT Credit. The HC held that limitation issues cannot be raised on appeal since they were not argued before the Tribunal despite being mentioned in appeal grounds. The factual findings regarding the fraudulent modus operandi, confirmed by customer statements and appellant's admissions, were upheld as they raised no substantial questions of law warranting interference. Case-Laws Central Excise Sat, 14 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763257