https://www.taxtmi.com/caselaws?id=801281 Surplus IGST credit, established through updated GSTR-2A reconciliation and import IGST credit, may offset CGST and SGST shortfalls after IGST liabilities are met. Where aggregate eligible input tax credit exceeds the credit claimed, an alleged excess ITC claim lacks factual and legal basis and does not warrant tax-short-payment proceedings. The electronic credit ledger is treated as fungible for permitted IGST cross-utilisation, subject to applicable jurisdictional precedent. Adjudication without a personal hearing or consideration of the taxpayer's contentions, followed by mechanical appellate affirmation, breaches natural justice and the requirement for a reasoned speaking order, rendering the proceedings invalid. en-us Fri, 16 Oct 2026 00:00:00 +0530 Sat, 17 Oct 2026 05:20:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801281 Surplus IGST credit, established through updated GSTR-2A reconciliation and import IGST credit, may offset CGST and SGST shortfalls after IGST liabilities are met. Where aggregate eligible input tax credit exceeds the credit claimed, an alleged excess ITC claim lacks factual and legal basis and does not warrant tax-short-payment proceedings. The electronic credit ledger is treated as fungible for permitted IGST cross-utilisation, subject to applicable jurisdictional precedent. Adjudication without a personal hearing or consideration of the taxpayer's contentions, followed by mechanical appellate affirmation, breaches natural justice and the requirement for a reasoned speaking order, rendering the proceedings invalid. Case-Laws GST Fri, 16 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801281