https://www.taxtmi.com/caselaws?id=756810 Allahabad HC allowed a petition challenging proceedings under section 130 of the GST Act after excess stock was found during a survey. The Court held that when excess stock is discovered, proceedings must be initiated under sections 73/74 of the GST Act, not section 130. Following established precedent, the Court ruled that section 130 proceedings cannot be initiated upon finding excess stock during surveys. Both the original order and first appellate authority's order were quashed for being legally unsustainable. en-us Wed, 07 Aug 2024 00:00:00 +0530 Thu, 08 Aug 2024 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756810 Allahabad HC allowed a petition challenging proceedings under section 130 of the GST Act after excess stock was found during a survey. The Court held that when excess stock is discovered, proceedings must be initiated under sections 73/74 of the GST Act, not section 130. Following established precedent, the Court ruled that section 130 proceedings cannot be initiated upon finding excess stock during surveys. Both the original order and first appellate authority's order were quashed for being legally unsustainable. Case-Laws GST Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756810