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of <h1>Manipur GST Act: Fake Invoices Not a 'Supply,' Penalties Apply u/ss 122(1)(ii), 74, and 132 for Fraudulent ITC.</h1> The circular addresses issues related to fake invoices under the Manipur Goods and Services Tax Act, 2017. It clarifies that issuing tax invoices without actual supply does not constitute a 'supply' under the Act, thus no tax liability or demand arises against the issuer. However, penalties under section 122(1)(ii) apply for issuing such invoices. If a recipient fraudulently avails input tax credit (ITC) without receiving goods or services, they are liable for recovery and penalties under section 74. Additional penalties apply if the recipient passes ITC without actual supply. Section 132 may be invoked for fraudulent activities, depending on case specifics.
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