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TMI Blog2025 (2) TMI 300X X X X Extracts X X X X X X X X Extracts X X X X ..... od 2020-21, the petitioner filed its returns and paid the appropriate taxes. On scrutiny of returns, it was noticed that the petitioner has claimed excess input tax credit on inward RCM supplies in GSTR 3B (Table 4(A)(2)+(3)) than the actual reverse charge liability declared and paid in table 3.1(d), the same is extracted hereunder: Tax paid ITC claimed on inward RCM supplies in GSTR-3B (as per Table 4(A)(2) + 4(A)(3)) Reverse Charge Liability declared in GSTR-3B (as per table 3.1(d)) Shortfall(-) / Excess IGST CGST SGST IGST CGST SGST IGST CGST SGST April 20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 May 20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Jun 20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that if the petitioner is provided with an opportunity, they would be able to explain the alleged discrepancies. 4. The learned counsel for the petitioner would place reliance upon the recent judgment of this Court in the case of M/s.K.Balakrishnan, Balu Cables vs. O/o. the Assistant Commissioner of GST & Central Excise in W.P.(MD)No.11924 of 2024 dated 10.06.2024, to submit that this court has remanded the matter back in similar circumstances subject to payment of 25% of the disputed taxes. 5. It was further submitted that the petitioner is ready and willing to pay 25% of the disputed tax and that they may be granted one final opportunity before the adjudicating authority to put forth their objections to the proposal, to which the learne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eriod i.e., four weeks from the date of receipt of a copy of this order shall result in restoration of the impugned order. f) If there is any recovery by way of attachment of Bank account or garnishee proceedings, the same shall be lifted /withdrawn on complying with the above condition viz., payment of 25 % of the disputed taxes. g) On complying with the above condition, the impugned order of assessment shall be treated as show cause notice and the petitioner shall submit its objections within a period of four (4) weeks from the date of receipt of a copy of this order along with supporting documents/material. If any such objections are filed, the same shall be considered by the respondent and orders shall be passed in accordance with l ..... X X X X Extracts X X X X X X X X Extracts X X X X
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