Cenvat Credit Denial Overturned: No Evidence of Suppression or Intent to Evade Duty in Audited Records Dispute.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Denial of cenvat credit - the credit entries were in the regular records, which were audited and the dispute arose thereafter only. Therefore, invoking extended period with an allegation of suppression of facts and willful mis-statement with an intend to evade payment of duty is not sustainable. - AT....


TaxTMI