IGST ITC difference of Rs.10.2L in GSTR 3B and 2A: Madras HC grants Final chance to Explain Allegations

The Madras High Court granted a final chance to a taxpayer to explain a discrepancy of ₹10.2 lakh in IGST ITC claims between GSTR-3B and GSTR-2A. The taxpayer had failed to reconcile the difference, but the court allowed one final opportunity for explanation. The case underscores the importance of proper reconciliation and timely submission of returns in ensuring GST compliance. The decision emphasizes that taxpayers must keep accurate records and resolve discrepancies promptly to avoid penalties and other enforcement actions.