Madras HC Orders Reconsideration of GST Mismatch as Credit Ledger Payment Overlooked

Tvl. Prabha Drug House Vs Assistant Commissioner (ST) (FAC) (Madras High Court) The Madras High Court recently set aside a tax order confirming a GST demand against Tvl. Prabha Drug House, citing the failure of the tax authorities to acknowledge a 58% payment made by the petitioner through their electronic credit ledger. The original order, dated May 7, 2024, had confirmed the full tax proposal based on a mismatch identified between the petitioner’s GSTR-1 and GSTR-3B returns. The petitioner’s counsel informed the court that a reply to the show cause notice had been submitted, deta...