https://www.taxtmi.com/caselaws?id=760851 The Allahabad HC quashed proceedings initiated under section 130 of the GST Act against a petitioner where excess stock was found during a survey. The court held that when excess stock is discovered, proceedings under sections 73/74 of the GST Act should be initiated, not under section 130 read with rule 120. The court noted that survey authorities relied on eye estimation without physical verification or video recording of the alleged stock. Following established precedent, the HC ruled that section 130 proceedings cannot be invoked when excess stock is found during surveys, and quashed both the original order and the appellate authority's decision. en-us Thu, 24 Oct 2024 00:00:00 +0530 Mon, 12 May 2025 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760851 The Allahabad HC quashed proceedings initiated under section 130 of the GST Act against a petitioner where excess stock was found during a survey. The court held that when excess stock is discovered, proceedings under sections 73/74 of the GST Act should be initiated, not under section 130 read with rule 120. The court noted that survey authorities relied on eye estimation without physical verification or video recording of the alleged stock. Following established precedent, the HC ruled that section 130 proceedings cannot be invoked when excess stock is found during surveys, and quashed both the original order and the appellate authority's decision. Case-Laws GST Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760851