ground
that it was passed in the name of a non-existent entity. He points out that
ITA 65/2017 Page 3 of 8
below ... assessment in the name of
M/s Spice which was non existing entity on that day. In such
proceedings and assessment order passed
name of VBPPL
was non est since the entity in whose name it was issued was non-existent.
Secondly, it was pointed out that ... non-existent in the eye of law. In Spice Entertainment Ltd. v.
CIT 247 CTR 500 (Del) the assessment in the name of non-existing
fact utilized or
availed of ITC through non-existent supplies/purchases, fake firms and non-
existent entities. The ultimate beneficiary ... crore were detected in a
sustained drive against non-existent tax payers by GST
formations across the country since May 2023. An
amount
fact utilized or availed of ITC through non-
existent supplies/purchases, fake firms and non-existent
entities. The ultimate beneficiary
Signing Date:02.12.2025
15:33:51
incorporation of several firms and non-existent entities only to avail/pass on
the Input Tax Credits (hereinafter
from July 2017 to Nov. 2018 from this non
existent entity. They also similarly availed input tax
credit from M/s Om Traders (Prop. shown ... appears to have passed on input tax
credit to entities found outrightly fake and non-existent
and/or dummy, as follows:-
The above chart shows
fact utilized or availed of ITC
through non-existent supplies/purchases, fake firms and
non-existent entities. The ultimate beneficiary ... crore were detected in a sustained
drive against non-existent tax payers by GST
formations across the country since May
Signature Not Verified
Digitally Signed
fraud
scheme involving fake invoicing, tax evasion through
GST, creation of non-existent entities, and use of forged
documents. These activities demonstrate a deliberate ... transactions, which are alleged to
have been carried out between various non-existent
firms for the sake of enabling fraudulent availment
availment of fraudulent Input Tax Credit
(hereinafter "ITC") from non-existing entities.
4. On 13th May, 2025, ld. Counsel for the Respondent ... business of the Petitioner
and the Petitioner was found to be non-existent.
10. In the present case, it is seen that some
Defendants claim to have entered into some collaboration with a non-
existing entity called 'Khandelwal Lifesciences (P) Ltd.', only with a view
