https://www.taxtmi.com/article/detailed?id=17429 Section 74 requires proof of fraud, wilful misstatement, or suppression; an ITC mismatch or excess credit alone is insufficient. Suppression entails deliberate non-declaration of information required in GST filings or failure to provide information requested in writing. Where mismatch arises from supplier default and relevant facts are disclosed in returns, authorities must establish a nexus between wrongful ITC availment and the alleged culpable conduct. Pre-notice payment of ITC and interest after verification, without intent to evade, is treated as a matter for section 73 rather than section 74. en-us Sat, 19 Sep 2026 08:25:32 +0530 Sat, 19 Sep 2026 08:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17429 Section 74 requires proof of fraud, wilful misstatement, or suppression; an ITC mismatch or excess credit alone is insufficient. Suppression entails deliberate non-declaration of information required in GST filings or failure to provide information requested in writing. Where mismatch arises from supplier default and relevant facts are disclosed in returns, authorities must establish a nexus between wrongful ITC availment and the alleged culpable conduct. Pre-notice payment of ITC and interest after verification, without intent to evade, is treated as a matter for section 73 rather than section 74. Articles Goods and Services Tax - GST Sat, 19 Sep 2026 08:25:32 +0530 https://www.taxtmi.com/article/detailed?id=17429