https://www.taxtmi.com/caselaws?id=785731 HC clarified that wrongful application of input tax credit confined to adjustment between tax heads, without causing revenue loss, does not attract recovery proceedings for tax shortfall; consequence: initiation under the recovery provisions was quashed. The reasoning rests on the principle that proceedings for tax recovery require tax to be unpaid, short paid, erroneously refunded, or where input tax has been wrongfully availed or utilized causing revenue impact; mere misclassification of credit between heads does not satisfy that threshold and therefore precludes invocation of recovery proceedings. en-us Wed, 15 Oct 2025 00:00:00 +0530 Fri, 30 Jan 2026 09:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785731 HC clarified that wrongful application of input tax credit confined to adjustment between tax heads, without causing revenue loss, does not attract recovery proceedings for tax shortfall; consequence: initiation under the recovery provisions was quashed. The reasoning rests on the principle that proceedings for tax recovery require tax to be unpaid, short paid, erroneously refunded, or where input tax has been wrongfully availed or utilized causing revenue impact; mere misclassification of credit between heads does not satisfy that threshold and therefore precludes invocation of recovery proceedings. Case-Laws GST Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785731