S. 130 Proceedings under GST Act cannot be initiated against Excess Stock found during Survey: Allahabad HC [Read Order]

Section 130 proceedings cannot be invoked solely based on the discovery of excess stock during a survey.
By Aiswarya Krishnadas - On September 7, 2024 9:25 pm - 2 mins read
Allahabad High Court - Allahabad HC - Section 130 GST Act- GST Act- Goods and Service Tax Act - Excess Stock - excess Stock found Survey - TAXSCAN

In a recent judgement, the Allahabad High Court ruled that proceedings under Section 130 of the Goods and Service Tax (GST) Act cannot be initiated for excess stock discovered during a survey. The present writ petition was  directed against the order dated 26.12.2023, issued by Respondent No. 1 in Appeal No. 204 of 2021, under…

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