https://www.taxtmi.com/caselaws?id=799887 CENVAT credit supported by valid invoices, statutory records, receipt and freight documentation, banking payments, and undisputed use in manufacture cannot be denied solely on untested third-party statements. Statements of suppliers or transporters require compliance with the statutory procedure for admission, including examination of the statement-makers, and must be supported by positive evidence of non-receipt or fraudulent availment. In the absence of factory discrepancies, cash reimbursement evidence, or an alternative source of inputs, credit denial, consequential interest, and penalties are unsustainable. Extended limitation also requires proof of fraud, collusion, wilful misstatement, or deliberate suppression with intent to evade duty. en-us Wed, 23 Sep 2026 00:00:00 +0530 Tue, 29 Sep 2026 08:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799887 CENVAT credit supported by valid invoices, statutory records, receipt and freight documentation, banking payments, and undisputed use in manufacture cannot be denied solely on untested third-party statements. Statements of suppliers or transporters require compliance with the statutory procedure for admission, including examination of the statement-makers, and must be supported by positive evidence of non-receipt or fraudulent availment. In the absence of factory discrepancies, cash reimbursement evidence, or an alternative source of inputs, credit denial, consequential interest, and penalties are unsustainable. Extended limitation also requires proof of fraud, collusion, wilful misstatement, or deliberate suppression with intent to evade duty. Case-Laws Central Excise Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799887