High Court Restores ITC Case, Requires Petitioner to Deposit 20% of Disputed Tax Demand for Reconsideration.

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....Rejection of benefit of Input Tax Credit (ITC) - ex parte order in appeal - petitioner assails the impugned order primarily on the ground that the same has been passed in violation of the principles of natural justice - Matter restored back subject to the condition of deposit of 20% of demand of tax in dispute - HC....