https://www.taxtmi.com/caselaws?id=800989 Transitional input tax credit carried forward under section 140(1), where the TRAN-1 declaration exceeds balances in pre-GST ER-1 and ST-3 returns, requires verification against relevant records through a reasoned order before eligibility is determined. Invocation of section 74(1) requires material proving fraud, wilful misstatement, or suppression of facts with deliberate intent to evade tax; incorrect information or ordinary non-declaration alone is insufficient. In the absence of investigation or evidence of deliberate intent, the fraud-based notice cannot be sustained, while the credit claim remains subject to factual verification. en-us Tue, 13 Oct 2026 00:00:00 +0530 Wed, 14 Oct 2026 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800989 Transitional input tax credit carried forward under section 140(1), where the TRAN-1 declaration exceeds balances in pre-GST ER-1 and ST-3 returns, requires verification against relevant records through a reasoned order before eligibility is determined. Invocation of section 74(1) requires material proving fraud, wilful misstatement, or suppression of facts with deliberate intent to evade tax; incorrect information or ordinary non-declaration alone is insufficient. In the absence of investigation or evidence of deliberate intent, the fraud-based notice cannot be sustained, while the credit claim remains subject to factual verification. Case-Laws GST Tue, 13 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800989