Section 130 proceedings cannot be initiated for excess stock; cases must follow Sections 73 or 74 under GST Act

Section 130 proceedings cannot be initiated for excess stock; cases must follow Sections 73 or 74 under GST ActCase-LawsGSTThe HC held that initiation of proceedings under section 130 read with section 122 of the GST Act based on excess stock found during

Section 130 proceedings cannot be initiated for excess stock; cases must follow Sections 73 or 74 under GST Act
Case-Laws
GST
The HC held that initiation of proceedings under section 130 read with section 122 of the GST Act based on excess stock found during a survey was improper. The Court reaffirmed that section 130 proceedings are not applicable for cases involving excess stock discrepancies, which must be addressed under sections 73 or 74 of the GST Act. Reliance was placed on prece

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