Petitioner held liable for fraudulent ITC claims over Rs. 50 crores; demands and penalties upheld under GST rules

Petitioner held liable for fraudulent ITC claims over Rs. 50 crores; demands and penalties upheld under GST rulesCase-LawsGSTThe HC dismissed the writ petitions filed by the petitioner challenging the demand for wrongful availment of ineligible ITC, inter

Petitioner held liable for fraudulent ITC claims over Rs. 50 crores; demands and penalties upheld under GST rules
Case-Laws
GST
The HC dismissed the writ petitions filed by the petitioner challenging the demand for wrongful availment of ineligible ITC, interest, and penalty arising from discrepancies between GSTR-1 and GSTR-3B returns. The petitioner, who voluntarily provided OTP access to a third party, facilitated the creation of multiple fraudulent GST registrations resulting in ITC

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