https://www.taxtmi.com/caselaws?id=763658 CESTAT New Delhi allowed the appeal, setting aside denial of CENVAT credit totaling Rs. 49,07,655. The tribunal held that credit cannot be denied for procedural lapses in invoices when service receipt is undisputed, citing Kemwell Biopharma precedent. For Rs. 16,12,208 credit, incorrect addresses on invoices were deemed procedural defects, especially since suppliers issued corrected supplementary invoices. For Rs. 32,95,447 credit, the tribunal ruled that payments under Reverse Charge Mechanism should be governed by Rule 9(1)(e) CCR, not Rule 9(1)(bb) as incorrectly applied by revenue. Extended limitation period was rejected as appellant regularly filed returns without suppression or tax evasion. en-us Fri, 20 Dec 2024 00:00:00 +0530 Sat, 21 Dec 2024 10:29:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763658 CESTAT New Delhi allowed the appeal, setting aside denial of CENVAT credit totaling Rs. 49,07,655. The tribunal held that credit cannot be denied for procedural lapses in invoices when service receipt is undisputed, citing Kemwell Biopharma precedent. For Rs. 16,12,208 credit, incorrect addresses on invoices were deemed procedural defects, especially since suppliers issued corrected supplementary invoices. For Rs. 32,95,447 credit, the tribunal ruled that payments under Reverse Charge Mechanism should be governed by Rule 9(1)(e) CCR, not Rule 9(1)(bb) as incorrectly applied by revenue. Extended limitation period was rejected as appellant regularly filed returns without suppression or tax evasion. Case-Laws Central Excise Fri, 20 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763658