Initiation under s.130 on survey-noted excess stock unsustainable; s.35(6) and ss.73/74 govern tax on unaccounted goods
Case-Laws
GST
HC held that initiation of proceedings under s.130 of the GST Act based solely on alleged excess stock observed during a survey, without physical counting, was unsustainable. The court reiterated that registered persons must maintain accounts under s.35 and that s.35(6) permits determination of tax on unaccounted goods with applicability of ss.73/74 mutat
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