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of <h1>High Court Quashes Show Cause Notice Under CGST Section 74 for Lack of Fraud Allegations Against Public Limited Company.</h1> The High Court quashed a Show Cause Notice issued under Section 74 of the CGST Act, 2017, against a public limited company for allegedly availing excessive Input Tax Credit (ITC). The Court determined that the notice lacked essential allegations of fraud, willful misstatement, or suppression of facts necessary for proceedings under Section 74. It emphasized that once proceedings under Section 73 are concluded, they cannot be reopened under Section 74 without prima facie evidence of fraud. The Court allowed the writ petition, permitting the respondent to issue a new notice if such evidence exists, in adherence to the doctrine of natural justice.
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