https://www.taxtmi.com/caselaws?id=771622 HC quashed proceedings initiated under Section 130 of GST Act against petitioner for excess stock found during survey conducted on business premises. Court held that when excess stock is discovered, proper procedure requires initiation of proceedings under Sections 73/74 of GST Act, not Section 130 read with Rule 120. HC relied on precedent establishing that Section 130 proceedings cannot be initiated even if excess stock is found during survey. Orders dated 16.5.2024 and 26.9.2022 were quashed as legally unsustainable. Petition allowed. en-us Thu, 22 May 2025 00:00:00 +0530 Fri, 06 Jun 2025 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771622 HC quashed proceedings initiated under Section 130 of GST Act against petitioner for excess stock found during survey conducted on business premises. Court held that when excess stock is discovered, proper procedure requires initiation of proceedings under Sections 73/74 of GST Act, not Section 130 read with Rule 120. HC relied on precedent establishing that Section 130 proceedings cannot be initiated even if excess stock is found during survey. Orders dated 16.5.2024 and 26.9.2022 were quashed as legally unsustainable. Petition allowed. Case-Laws GST Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771622