GST ITC Blocked for Fake Invoices: Madras HC directs Proceedings to Conclude in 5 Weeks

P Murugan Vs Commercial Tax Officer (Madras High Court) Madras High Court held that challenge to the show cause notices in Form DRC-01 dated 18.12.2024 is premature. However, court directed respondent to complete proceedings within 5 weeks period since respondent has blocked Input Tax Credit on allegation that credit is availed on the basis of fake invoices issued by non-existent taxpayer. Facts- The petitioner is registered taxpayer under the Goods and Services Tax Act, 2017. During the relevant period, the petitioner had filed its return and paid the appropriate taxes. While so, show cause n...