GST ITC Mismatch : Madras HC allows to Substantiate defence on 10% Pre-deposit

In a case concerning the mismatch in Input Tax Credit (ITC) under GST, the Madras High Court allowed the petitioner to defend the case upon payment of a 10% pre-deposit. The court highlighted the importance of giving the taxpayer an opportunity to substantiate their defense before making a final assessment. This case underscores the complexities involved in GST compliance and the need for proper reconciliation in ITC claims to avoid legal disputes.