ITC Cannot Be Denied for GSTR-2A Mismatch as Imports & SEZ Supplies Were Not Reflected

Biocon Limited Vs State of Karnataka (Karnataka High Court) The petitioner challenged an Order-in-Original dated 22.02.2024 passed under Section 73(9) of the CGST/KGST Act, 2017, whereby the tax authorities confirmed various GST demands arising out of the audit for FY 2018-19. The proceedings originated from audit observations, followed by a pre-intimation in Form GST DRC-01A, a Show Cause Notice (SCN) under Section 73(1), replies submitted by the petitioner, personal hearing, and written submissions. The impugned order ultimately confirmed tax of ₹30.37 crore along with interest of ₹29.14...