Invocation of Section 74 Quashed as Availing Ineligible ITC Without Fraud Proof Does Not Constitute Suppression
Invocation of Section 74 Quashed as Availing Ineligible ITC Without Fraud Proof Does Not Constitute Suppression Issue Whether invoking the extended limitation period under Section 74 based on bald allegations of suppression—without proving contumacious intent or disclosing specific grounds in the SCN—is legally sustainable. Facts Business Activity & Audit: The assessee, a manufacturer of centrifugal… Read More »