Recovery of CENVAT Credit alongwith interest and penalty - ...

Case Laws Central Excise

October 31, 2023

Recovery of CENVAT Credit alongwith interest and penalty - second stage dealers were issuing invoices without actually supplying goods - Examining the records of each of this individual companies/ firms and recording their statements can only reveal the complete truth. If such an investigation requires statements to be recorded and if revenue proposes to use such statements in the proceedings against the assessee the procedure prescribed under the section 9D has to be followed. Otherwise, such statements are not only NOT admissible but are not even relevant to the proceedings. In this case, all the statements are rendered irrelevant as the Adjudicating Authority had not followed the procedure prescribed under section 9D. - AT

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Recovery of CENVAT Credit alongwith interest and penalty - ...

Case Laws Central Excise

October 31, 2023

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