Allahabad HC Upholds GST Penalty on Bogus Transactions

Shiv Trading Vs State of U.P. (Allahabad High Court)

The Allahabad High Court dismissed a writ petition filed by Shiv Trading challenging the imposition of tax, penalty, and interest amounting to ₹45.21 lakhs under Section 74 of the GST Act. The petitioner, a proprietorship firm engaged in the sale of iron machinery parts, claimed Input Tax Credit (ITC) on purchases from M/s Krishna Trading Company, which was later found to be non-existent. Despite submitting tax invoices, e-way bills, weighment slips, and payment records, the court found that the petitioner failed to prove the a

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