https://www.taxtmi.com/caselaws?id=785458 Adjustment of tax liability against available input tax credit was scrutinised: Section 75(12) mechanism applies only where a registered person has clearly disclosed and thereby admitted a tax liability in returns, permitting recovery without adjudication; absent such admission, misuse of input tax credit permits initiation of adjudicatory proceedings under statutory assessment provisions, after which quantified tax, interest, penalty and late fees may be recovered, and only then coercive steps may follow. The recovery initiated without completion of the adjudicatory process was set aside, and interest amounts recovered from the petitioners banker were directed to be refunded. en-us Mon, 19 Jan 2026 00:00:00 +0530 Fri, 23 Jan 2026 09:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785458 Adjustment of tax liability against available input tax credit was scrutinised: Section 75(12) mechanism applies only where a registered person has clearly disclosed and thereby admitted a tax liability in returns, permitting recovery without adjudication; absent such admission, misuse of input tax credit permits initiation of adjudicatory proceedings under statutory assessment provisions, after which quantified tax, interest, penalty and late fees may be recovered, and only then coercive steps may follow. The recovery initiated without completion of the adjudicatory process was set aside, and interest amounts recovered from the petitioners banker were directed to be refunded. Case-Laws GST Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785458