https://www.taxtmi.com/caselaws?id=47850 Cenvat credit on capital goods could not be denied merely because the supplier was later said to have paid excise duty in excess, where the department had accepted the duty calculation at the time of clearance and the assessee took credit on the basis of the invoice. The accepted duty payment and corresponding invoice supported the credit claim, and the later Revenue objection did not justify reversal absent any refund claim or prejudice to the Revenue. The denial of credit was therefore unjustified, and the credit allowed to the assessee was sustained. en-us Tue, 08 Feb 2005 00:00:00 +0530 Sat, 31 Jul 2010 12:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47850 Cenvat credit on capital goods could not be denied merely because the supplier was later said to have paid excise duty in excess, where the department had accepted the duty calculation at the time of clearance and the assessee took credit on the basis of the invoice. The accepted duty payment and corresponding invoice supported the credit claim, and the later Revenue objection did not justify reversal absent any refund claim or prejudice to the Revenue. The denial of credit was therefore unjustified, and the credit allowed to the assessee was sustained. Case-Laws Central Excise Tue, 08 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47850