Fraudulent supply, once executed with dispatch of goods and invoice, is still liable to GST: Gujarat AAR

The Authority For Advance Rulings, Gujarat in the case of M/s. Acube Engitech Company vide Case No. GUJ/GAAR/R/2025/03 (In Application No. Advance Ruling/SGST& CGST/2024/AR/05) dated 21.03.2025, has ruled GST is levied on the act of supply, and not on actual realization of payment. Even though the transaction was fraudulent, the goods were supplied, and invoices were raised. Hence, the conditi…