https://www.taxtmi.com/caselaws?id=801984 Input tax credit requires the claimant to prove actual receipt and genuine supply of goods. Invoices, e-way bills, stock records and banking payments are insufficient where reliable material, including bogus suppliers or deficient vehicle verification, establishes no physical movement on a preponderance of probabilities. Compliance with the payment condition cannot replace actual receipt. Tax and interest may consequently be recovered for inadmissible credit. Where a penalty is imposed under the tax-recovery provision, a further penalty for the same act or omission is barred; imposing it requires reasoned findings and compliance with natural justice. The penalty therefore requires fresh determination. en-us Wed, 28 Oct 2026 00:00:00 +0530 Thu, 29 Oct 2026 06:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801984 Input tax credit requires the claimant to prove actual receipt and genuine supply of goods. Invoices, e-way bills, stock records and banking payments are insufficient where reliable material, including bogus suppliers or deficient vehicle verification, establishes no physical movement on a preponderance of probabilities. Compliance with the payment condition cannot replace actual receipt. Tax and interest may consequently be recovered for inadmissible credit. Where a penalty is imposed under the tax-recovery provision, a further penalty for the same act or omission is barred; imposing it requires reasoned findings and compliance with natural justice. The penalty therefore requires fresh determination. Case-Laws GST Wed, 28 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801984