https://www.taxtmi.com/caselaws?id=798261 Input tax credit claimed from non-existent suppliers requires proof of genuine receipt and physical movement of goods; invoices and banking payments alone do not discharge the claimant's burden where foundational facts indicate fictitious supplies, permitting recourse to Section 74 with interest and penalty. Section 74 requires deliberate non-disclosure to evade tax and does not apply to disclosed reverse-charge expenses absent fraud, wilful misstatement or suppression; the remaining liability falls under Section 73. Section 75(8) permits appellate modification of tax, interest and penalty, including a verified GSTR-3B/GSTR-2A mismatch. Sections 73 and 74 permit consolidated notices spanning multiple financial years. en-us Tue, 01 Sep 2026 00:00:00 +0530 Thu, 03 Sep 2026 15:26:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798261 Input tax credit claimed from non-existent suppliers requires proof of genuine receipt and physical movement of goods; invoices and banking payments alone do not discharge the claimant's burden where foundational facts indicate fictitious supplies, permitting recourse to Section 74 with interest and penalty. Section 74 requires deliberate non-disclosure to evade tax and does not apply to disclosed reverse-charge expenses absent fraud, wilful misstatement or suppression; the remaining liability falls under Section 73. Section 75(8) permits appellate modification of tax, interest and penalty, including a verified GSTR-3B/GSTR-2A mismatch. Sections 73 and 74 permit consolidated notices spanning multiple financial years. Case-Laws GST Tue, 01 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798261