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    <title>2024 (10) TMI 1125 - SC Order</title>
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    <description>Input tax credit was challenged on the ground that the underlying transactions were allegedly bogus and the suppliers non-existent. The SC applied the ratio of an earlier precedent on claims without actual transactions and, there being no contest from the respondent, treated that principle as governing the facts before it. On that basis, the credit claim was not accepted and the appeal was disposed of in line with the earlier judgment.</description>
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      <link>https://www.taxtmi.com/caselaws?id=760526</link>
      <description>Input tax credit was challenged on the ground that the underlying transactions were allegedly bogus and the suppliers non-existent. The SC applied the ratio of an earlier precedent on claims without actual transactions and, there being no contest from the respondent, treated that principle as governing the facts before it. On that basis, the credit claim was not accepted and the appeal was disposed of in line with the earlier judgment.</description>
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