https://www.taxtmi.com/article/detailed?id=15254 The Supreme Court held that stock discrepancies found during a survey cannot sustain confiscation and penalty proceedings under Section 130; such matters must be pursued by assessment and recovery under Sections 73 or 74. The Court dismissed the Revenue's SLP upholding the High Court's quashing of Section 130 orders, while noting the Revenue remains free to invoke other remedies if the correct statutory procedures and safeguards under Sections 73/74 are followed. en-us Sat, 18 Oct 2025 09:09:24 +0530 Sat, 18 Oct 2025 09:09:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15254 The Supreme Court held that stock discrepancies found during a survey cannot sustain confiscation and penalty proceedings under Section 130; such matters must be pursued by assessment and recovery under Sections 73 or 74. The Court dismissed the Revenue's SLP upholding the High Court's quashing of Section 130 orders, while noting the Revenue remains free to invoke other remedies if the correct statutory procedures and safeguards under Sections 73/74 are followed. Articles Goods and Services Tax - GST Sat, 18 Oct 2025 09:09:24 +0530 https://www.taxtmi.com/article/detailed?id=15254