https://www.taxtmi.com/caselaws?id=764457 Where excess stock is found during a survey under the Uttar Pradesh GST Act, tax liability and quantification are to be determined under the assessment scheme in Sections 73 and 74, not by resort to Section 130 for confiscation and penalty. The note also records that Section 35(6) contemplates determination of tax on unaccounted goods through the same statutory process. Applying its earlier decisions, the Allahabad HC held that mere excess stock, without more, does not sustain proceedings under Section 130; the invocation of that provision was therefore unsustainable and the impugned orders were quashed. en-us Tue, 07 Jan 2025 00:00:00 +0530 Mon, 21 Jul 2025 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764457 Where excess stock is found during a survey under the Uttar Pradesh GST Act, tax liability and quantification are to be determined under the assessment scheme in Sections 73 and 74, not by resort to Section 130 for confiscation and penalty. The note also records that Section 35(6) contemplates determination of tax on unaccounted goods through the same statutory process. Applying its earlier decisions, the Allahabad HC held that mere excess stock, without more, does not sustain proceedings under Section 130; the invocation of that provision was therefore unsustainable and the impugned orders were quashed. Case-Laws GST Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764457