1998 (6) TMI 178

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..... Appellant. Shri Sanjeev Srivastava, JDR, for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. In the impugned order dated 5-5-1997, the Commissioner has inter alia given a finding that the appellants have taken deemed credit of approximately Rs. 10 lakhs on the basis of the documents issued by non-existing persons. The applicants submit that in order to support their co .....

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..... they were never produced before the authority at the stage of investigation and were produced only at the time of filing the reply to the show cause notice. 2. We have considered the rival pleas. We are of the view that these documents are vital for the purpose of the applicants establishing that the traders from whom they received the various inputs were in existence. We accept the explanation .....

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