GSTAT setting aside Section 74 Set upholds Multi-Year Show Cause Notice

The Tribunal rejected the challenge to a consolidated show cause notice for July 2017 to March 2022, finding no statutory bar against covering multiple financial years. However, it held that the notice did not establish fraud, wilful misstatement or suppression with intent to evade tax. The demand and penalty under Section 74 were set aside, and the matter was remanded for verification of ITC discrepancies, payments and the correct tax liability under Section 75(2).