GSTAT says ITC Already Reversed Cannot Be Demanded Again

The Revenue sought to recover ₹53.96 lakh based on alleged excess ITC for FYs 2018-19 to 2020-21, despite the taxpayer having made substantial reversals through DRC-03. 

The Tribunal found that the reversals covered the entire disputed amount and that the Revenue's objection that the DRC-03s did not expressly map the payments to the demand could not justify a second recovery.