https://www.taxtmi.com/caselaws?id=450140 Input Tax Credit reversal under the State GST Act turned on whether the registered person had been given a proper hearing and could substantiate the underlying transactions with invoices, e-way bills, lorry receipts and payment proof. The Court noted that Section 74 had been invoked on allegations of fraudulent availment with intent to evade tax and that the petitioner had approached belatedly, but still balanced revenue interests against the need for a further opportunity to prove the claim. The assessment order was quashed and the matter remanded for fresh consideration, subject to pre-deposit of 10% of the disputed tax demand and a fresh hearing. en-us Mon, 26 Feb 2024 00:00:00 +0530 Fri, 25 Apr 2025 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450140 Input Tax Credit reversal under the State GST Act turned on whether the registered person had been given a proper hearing and could substantiate the underlying transactions with invoices, e-way bills, lorry receipts and payment proof. The Court noted that Section 74 had been invoked on allegations of fraudulent availment with intent to evade tax and that the petitioner had approached belatedly, but still balanced revenue interests against the need for a further opportunity to prove the claim. The assessment order was quashed and the matter remanded for fresh consideration, subject to pre-deposit of 10% of the disputed tax demand and a fresh hearing. Case-Laws GST Mon, 26 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450140