2024 (10) TMI 1125

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..... t of ratio in Ecom Gill Coffee Trading Private Limited [ 2023 (3) TMI 533 - SUPREME COURT] where it was held that ' Both, the second Appellate Authority as well as the High Court have materially erred in allowing the ITC despite the concerned purchasing dealers failed to prove the genuineness of the transactions and failed to discharge the burden of proof as per section 70 of the KVAT Act, 200 .....

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..... im without any actual transactions, the assessee cannot claim the input tax credit. Transactions with a non-existing or bogus entities do not satisfy the criterion for claiming input tax credit. 5. Having considered the above submission and the absence of any contest from the side of the respondent, we dispose of the appeal in light of ratio in Ecom Gill Coffee Trading Private Limited (supra). The .....

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