Friday 22 May 2015

Deptt has to prove payment as bogus in order to deny credit availed on such payment

Cenvat Credit : Supplementary duty paid by job-worker at direction of assessee-principal on 'excess value', cannot be denied as credit in hands of assessee, unless transaction itself is questioned as bogus and department proves that there was no payment of excess value and duty thereon by assessee to job-worker

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