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2015 (5) TMI 1026 - AT - Central ExciseDenial of CENVAT credit - dealer issued only the paper invoices without corresponding supply of the inputs and in addition, penalty of identical amount stands imposed upon them - pre deposit demand - stay petition - Held that:- Admittedly, starting point of the investigations in the present case is at the end of the dealer, M/s. Majestic Industries Ltd. The same evidence, i.e., the statement of the transporters, wrong mentioning of the vehicle nos. and the evidence leading to non-transportation of the inputs were the basis for the Revenue to issue show cause notices to various manufacturers, who have procured the goods from the said dealer, M/s. Majestic Industries Ltd., as detailed in the preceding paragraph. The development in respect of another manufacturer, who had procured the goods from M/s. Majestic Industries Ltd., had been the subject matter of the decision of the Tribunal as also of the Hon’ble Punjab & Haryana High Court and of the Hon’ble Supreme Court. As such, we are of the view that in the present proceedings, which are emanating from the same central source of investigation at M/s. Majestic Industries Ltd. end, no different view can be adopted, at least, at this interim stage of stay.
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