https://www.taxtmi.com/caselaws?id=392104 The court directed the petitioner to deposit Rs. 65 lakhs as an interim measure within three months in three equal instalments due to discrepancies in the Input Tax Credit (ITC) availed for the Commercial Project. The court stayed penalty proceedings pending an enquiry on the Commercial Project, emphasizing the need for a thorough investigation into the ITC availed. This decision aimed to address immediate financial implications and ensure compliance with the court's directives while allowing the respondents to challenge the petitioner's statement. en-us Thu, 06 Feb 2020 00:00:00 +0530 Mon, 17 Mar 2025 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392104 The court directed the petitioner to deposit Rs. 65 lakhs as an interim measure within three months in three equal instalments due to discrepancies in the Input Tax Credit (ITC) availed for the Commercial Project. The court stayed penalty proceedings pending an enquiry on the Commercial Project, emphasizing the need for a thorough investigation into the ITC availed. This decision aimed to address immediate financial implications and ensure compliance with the court's directives while allowing the respondents to challenge the petitioner's statement. Case-Laws GST Thu, 06 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392104