TMI BlogCENVAT Credit - bogus transaction - fake invoices - The only reasonable step which he can take is to...CENVAT Credit - bogus transaction - fake invoices - The only reasonable step which he can take is to ensure that the supplier is trustworthy, the inputs are in fact received and that the documents, prima facie, appear to be genuine. The fact that the assessee made payment by cheque was held to be a proof of his bona fides - Credit cannot be denied - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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