{"id":69719,"date":"2024-08-01T08:33:51","date_gmt":"2024-08-01T03:03:51","guid":{"rendered":""},"modified":"2024-08-01T08:33:51","modified_gmt":"2024-08-01T03:03:51","slug":"excess-stock-found-proceedings-initiated-u-ss-73-74-of-upgst-act-applicable-not-section-130-previous-ruling-overturned-order-set-aside","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=69719","title":{"rendered":"Excess stock found, proceedings initiated u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130. Previous ruling overturned. Order set aside."},"content":{"rendered":"<p>Excess stock found, proceedings initiated u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130. Previous ruling overturned. Order set aside.<br \/>Case-Laws<br \/>GST<br \/>Excess stock found during survey on 24.08.2018, proceedings initiated. Court held that if excess stock found, proceedings u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130 read with Rule 122. In previous case, Court ruled even if excess stock found, proceedings u\/s 130 of UPGST Act cannot be initiated. Impugned order set aside, p<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=80000\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Excess stock found, proceedings initiated u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130. Previous ruling overturned. Order set aside.Case-LawsGSTExcess stock found during survey on 24.08.2018, proceedings initiated. Court held that if excess stock found, proceedings u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130 read with Rule 122. In previous &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=69719\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Excess stock found, proceedings initiated u\/ss 73 &#038; 74 of UPGST Act applicable, not Section 130. Previous ruling overturned. Order set aside.&#8221;<\/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-69719","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69719","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=69719"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69719\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}