https://www.taxtmi.com/caselaws?id=442421 The HC found violation of natural justice principles in a case involving fraudulent credit availment through invoices issued without goods supply. While respondents were empowered to pass orders within five years, they issued notice in December 2022/January 2023 and passed summary order by March 2023, giving only two months to the assessee. The court held this timeframe unreasonable despite the five-year outer limit. The 100% penalty was reduced to 15% as the petitioner had already paid tax liability and interest. The rushed proceedings denied the petitioner's right to avail concessions under section 74. Petition allowed. en-us Thu, 17 Aug 2023 00:00:00 +0530 Mon, 21 Apr 2025 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442421 The HC found violation of natural justice principles in a case involving fraudulent credit availment through invoices issued without goods supply. While respondents were empowered to pass orders within five years, they issued notice in December 2022/January 2023 and passed summary order by March 2023, giving only two months to the assessee. The court held this timeframe unreasonable despite the five-year outer limit. The 100% penalty was reduced to 15% as the petitioner had already paid tax liability and interest. The rushed proceedings denied the petitioner's right to avail concessions under section 74. Petition allowed. Case-Laws GST Thu, 17 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442421