For the Law was given through Moses; grace and truth were realized through Jesus Christ.John 1:17(NASB)
When John wrote this verse, he was not intimating that there was no grace under the Law of Moses, for every sacrifice spoke of the beautiful final Sacrifice Who was to be lifted up on the Cross. Nor was he implying there was an absence of truth, for God's truth endures throughout all generations.
But only through Christ is the fullness of grace and truth fully realised. His GRACE is offered freely and without cost to whosoever will, for the grace and favour of the Lord is showered without measure on an undeserving world.
Had God dealt with mans sin on the basis of TRUTH alone we would all perish, for by the perfect standard of the Lord, we have nothing to commend us.
Grace without truth would render God a liar, for there is none good no, not one - but truth without grace would condemn humanity to eternal separation from God.
But thanks be to God that He deals with us on the basis of grace AND truth so that whosoever believes on Christ will not perish but have everlasting life.
What glorious grace! What a wonderful truth! For grace and truth in all their fullness came through Jesus Christ.
Loving Father, thank You for Your gracious kindness. Thank You that in Christ, all the righteous requirements of the Law that I am unable to fulfil were fulfilled on my behalf, by Christ Jesus my Saviour. Thank You that in Him I am saved and have all things richly to enjoy. In His name I pray, AMEN.