https://www.taxtmi.com/caselaws?id=414020 Input tax credit was denied where the assessee failed to prove genuine purchases from real selling dealers and the supporting records did not establish actual movement of goods. The authorities found the alleged dealers to be fictitious or non-existing, their stated business premises untraceable, and the invoices and transport particulars unreliable, including inconsistent vehicle numbers and missing mandatory e-Sugam documents for movement of iron and steel. On these factual findings, the burden of proving entitlement to credit was not discharged, and credit could not be sustained on the basis of fake or unproved transactions. The rejection of the input tax credit claim was upheld. en-us Thu, 02 Sep 2021 00:00:00 +0530 Wed, 27 Oct 2021 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414020 Input tax credit was denied where the assessee failed to prove genuine purchases from real selling dealers and the supporting records did not establish actual movement of goods. The authorities found the alleged dealers to be fictitious or non-existing, their stated business premises untraceable, and the invoices and transport particulars unreliable, including inconsistent vehicle numbers and missing mandatory e-Sugam documents for movement of iron and steel. On these factual findings, the burden of proving entitlement to credit was not discharged, and credit could not be sustained on the basis of fake or unproved transactions. The rejection of the input tax credit claim was upheld. Case-Laws VAT and Sales Tax Thu, 02 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414020