Excess stock found during GST inspection? Initiate proceedings u/ss 73/74, not Section 130.
Case-Laws
GST
The High Court quashed the orders initiating proceedings u/s 130 of the GST Act against the petitioner for excess stock found during inspection/search u/s 67. It held that if excess stock is found, proceedings u/ss 73/74 of the GST Act should be initiated, not Section 130 read with Rule 120. The Court reiterated that the law is clear that Section 130 proceedings cannot be invoked if
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =