https://www.taxtmi.com/caselaws?id=766506 CENVAT credit, rebate recovery and penalty could not be sustained where allegations of bogus procurement and fictitious manufacture were based mainly on an external investigation. The record contained invoices, transport documents, toll-entry evidence, departmental verification reports and prior assessments of the supplying units, while the department failed to produce concrete corroboration that raw material was not received or that manufacture and clearance did not occur. Denial of cross-examination further weakened reliance on witness statements. The tribunal applied the settled principle that grave allegations of clandestine removal or wrongful credit must rest on tangible evidence, not inference or conjecture, and granted relief to the appellant. en-us Tue, 25 Feb 2025 00:00:00 +0530 Thu, 27 Feb 2025 08:14:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766506 CENVAT credit, rebate recovery and penalty could not be sustained where allegations of bogus procurement and fictitious manufacture were based mainly on an external investigation. The record contained invoices, transport documents, toll-entry evidence, departmental verification reports and prior assessments of the supplying units, while the department failed to produce concrete corroboration that raw material was not received or that manufacture and clearance did not occur. Denial of cross-examination further weakened reliance on witness statements. The tribunal applied the settled principle that grave allegations of clandestine removal or wrongful credit must rest on tangible evidence, not inference or conjecture, and granted relief to the appellant. Case-Laws Central Excise Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766506