2019 (7) TMI 556

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ate Present for the Respondent(s): Mr. Tarun Kumar, A.R. ORDER The appellants are in appeal against the impugned orders, wherein the Cenvat credit sought to be denied to the appellants on the ground that it is mere a paper transaction as they have not received the goods, therefore, the Cenvat credit sought to be denied. 2. The facts of the case are that the appellants are the manufactu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....allowing the Cenvat credit along with interest. Penalties were also imposed on both the appellants. Against the said order, the appellants are before me. 3. The Ld. Counsel for the appellants submits that during the period when the appellants received the goods from M/s Priya Steels India Ltd, M/s Priya Steels India Ltd was having a godown and having storage facility for the goods in question. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vat credit to the appellants is that they have not received the goods and it was mere paper transaction. On the other hand, no discrepancy was found during the course of investigation, neither the Revenue has proved that if the invoices did not accompany the goods/ raw material then from where the appellants had procured the raw material for manufacturing their final goods which have been cleared ....