Input tax credit for purchases from non-existent suppliers requires actual receipt of goods, not merely invoices or registration.
Case-Laws
GST
Input tax credit under the Odisha Goods and Services Tax Act, 2017 requires actual receipt of goods and an underlying supply. Invoices, e-way bills, weighment slips and bearer-cheque payments do not necessarily establish receipt. Apparent supplier registration, return filing and GSTR-2B entries cannot validate paper transactions where no supply occurred. Admission of a stock register or affidavit as additional evidence of receipt requires a formal application explaining reasonable cause for earlier non-production. Fraudulent availment permits recovery of credit with interest and penalty under section 74. Taking or utilising credit without receipt of goods also attracts a penalty under section 122(1)(vi).
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