Cenvat Credit on goods purchased but not received is Bogus & not allowable

Exide Industries Ltd. Vs Commissioner of CGST (Bombay High Court)

The issue under consideration is whether the assessee had claimed bogus CENVAT credit on purchase of goods?

The Tribunal also examined the assessee’s contention that there were valid reasons for discrepancy in the vehicle numbers which had supposedly transported the goods from Jammu and Kashmir to the assessee’s factory and those mentioned in the invoices and other documents.

A

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