Stock Discrepancies During GST Survey Cannot Trigger Section 130 Penalty Without Following Sections 73/74 Assessment Process

Stock Discrepancies During GST Survey Cannot Trigger Section 130 Penalty Without Following Sections 73/74 Assessment ProcessCase-LawsGSTHC quashed orders imposing tax and penalty under section 130 of GST Act arising from stock discrepancies discovered dur

Stock Discrepancies During GST Survey Cannot Trigger Section 130 Penalty Without Following Sections 73/74 Assessment Process
Case-Laws
GST
HC quashed orders imposing tax and penalty under section 130 of GST Act arising from stock discrepancies discovered during business premises survey. Following established precedents, the Court held that mere stock discrepancies identified during survey warrant proceedings under sections 73/74 rather than section 130 of GST Act. The authority's direct

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =