GST ITC Demand Set Aside Due to Failure to Follow CBIC Reconciliation Procedure

Ganges International Pvt. Ltd. Vs Assistant Commissioner of Tax (Karnataka High Court) In Ganges International Pvt Ltd vs Assistant Commissioner of Tax Karnataka High Court, the petitioner challenged an order-in-original dated 10.12.2025, wherein the tax authorities raised a demand alleging ineligible availment of Input Tax Credit (ITC). The demand was based on discrepancies such as excess ITC claimed, ITC on invoices issued by non-existing suppliers, non-payment of GST under the Reverse Charge Mechanism (RCM), and excess ITC related to RCM entries. The petitioner contended that in cases invol...