Under Declaration of Ineligible GST ITC: Madras HC Orders for Hearing on 10% Deposit

In a case involving under-declaration of ineligible GST Input Tax Credit (ITC), the Madras High Court ordered a hearing after a 10% deposit was made. The court ruled that the matter should be heard to assess whether the ITC claim was wrongly declared. The order comes in light of recent concerns about the improper claiming of ITC and its potential abuse. The case is seen as part of ongoing efforts to ensure that businesses comply with the correct application of GST provisions, particularly with regard to the eligibility of ITC claims.