Relying on statement without following procedure u/s 9D of Central Excise Act unsustainable

Commissioner Vs Bonafide Arts Pvt Ltd (CESTAT Delhi) CESTAT Delhi held that denial of CENVAT Credit alleging non-receipt of goods based on statements without following procedure prescribed under section 9D of the Central Excise Act, 1944 is unjustified and unsustainable in law. Facts- M/s Bonafide Arts Pvt Ltd., Jaipur is a manufacturer of MS billets falling under Chapter Heading 720 71920 of the First Schedule of the Central Excise Tariff Act, 1985. Based on an investigation report, officers of the Central Excise Commissionerate, Jaipur initiated enquiries from the second stage dealer of Jaip...