Unaccounted taxable goods can trigger confiscation proceedings without proof of intent to evade tax, subject to verified evidence.

Unaccounted taxable goods can trigger confiscation proceedings without proof of intent to evade tax, subject to verified evidence.Case-LawsGSTSection 130(1)(ii) does not require intent to evade tax for failure to account for taxable goods, unlike claus…

Unaccounted taxable goods can trigger confiscation proceedings without proof of intent to evade tax, subject to verified evidence.
Case-Laws
GST
Section 130(1)(ii) does not require intent to evade tax for failure to account for taxable goods, unlike clauses (i) and (iv). Failure to keep, maintain or update records of taxable goods satisfies its primary ingredient. The ingredients of each charged clause require examination against verified evidence, including statutory records and production logs. Precedents must be considered in light of material factual differences.
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