Section 130 Proceedings Not Allowed Based on Excess Stock Found Without Proper Verification Under GST Act

Section 130 Proceedings Not Allowed Based on Excess Stock Found Without Proper Verification Under GST ActCase-LawsGSTProceedings initiated under section 130 read with section 122 of the GST Act based solely on excess stock found during a survey, without a

Section 130 Proceedings Not Allowed Based on Excess Stock Found Without Proper Verification Under GST Act
Case-Laws
GST
Proceedings initiated under section 130 read with section 122 of the GST Act based solely on excess stock found during a survey, without actual verification or weightment, are impermissible. The HC held that the GST Act provides a specific mechanism under sections 73/74 for dealing with unrecorded goods, and thus section 130 cannot be invoked in such circumstances. Pre

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