Excess stock found during survey can't initiate proceedings u\/s 130 of UPGST Act. Tax liability to be determined u\/s 35(6) & 74.
Case-Laws
GST
In light of the legal provisions and precedent, the Court held that even if excess stock is found during a survey, proceedings u\/s 130 of the UPGST Act cannot be initiated. The proper course of action is to determine tax liability u\/s 35(6) by following the procedure established u\/s 74. Consequently, the impugned orders passed by the authorities <\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Excess stock found during survey can't initiate proceedings u\/s 130 of UPGST Act. Tax liability to be determined u\/s 35(6) & 74.Case-LawsGSTIn light of the legal provisions and precedent, the Court held that even if excess stock is found during a survey, proceedings u\/s 130 of the UPGST Act cannot be initiated. The proper course … Continue reading “Excess stock found during survey can't initiate proceedings u\/s 130 of UPGST Act. Tax liability to be determined u\/s 35(6) & 74.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69667","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69667"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69667\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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