TMI Blog2016 (2) TMI 982X X X X Extracts X X X X X X X X Extracts X X X X ..... on was conducted at the end of the dealer M/s. GGI Steel & Strips Pvt. Ltd. who have not named the appellant is involved in fake transaction. Further, no investigation was conducted at the end of the appellant to ascertain the fact that the appellant has only issued the invoices, not supplied the goods. No statement of transporters was recorded to ascertain the truth. In that circumstance, I hold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wherein the statement of director of M/s. GGL was recorded wherein he stated that he has received all the invoices from the manufacturer supplier and the same has been issued to the M/s. True Fab Engineers (P) Ltd. for availment of Cenvat credit on the strength of Cenvatable invoices issued by the manufacturer supplier. On this basis the show cause notice were issued to the parties involved in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... voices. Therefore, the penalty is rightly imposed on the appellant. 5. Heard the parties and considered the submissions. 6. On carefully consideration of submissions of both the sides, I find that initially investigation was conducted at the end of the dealer M/s. GGI Steel Strips Pvt. Ltd. who have not named the appellant is involved in fake transaction. Further, no investigation was cond ..... X X X X Extracts X X X X X X X X Extracts X X X X
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