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of <h1>Himachal Pradesh Circular Clarifies Fake Invoice Issues: No Tax Liability on Issuers, Penalties for Fraudulent ITC Claims.</h1> The circular from the Himachal Pradesh Department of State Taxes and Excise addresses issues related to fake invoices under the Himachal Pradesh Goods and Services Tax Act, 2017. It clarifies that issuing tax invoices without actual supply does not constitute 'supply' under section 7, exempting the issuer from tax liability and recovery under sections 73 and 74. However, penal action under section 122(1)(ii) applies. Recipients who fraudulently avail input tax credit (ITC) without receiving goods or services are liable for demand, recovery, and penalties under section 74, with interest under section 50. The circular emphasizes that penalties depend on specific case circumstances and may involve section 132 for fraudulent activities.
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