https://www.taxtmi.com/article/detailed?id=16240 Excess stock found during inspection, search or survey is to be treated as unaccounted goods under the GST accounting and tax determination scheme, not through confiscation proceedings under Section 130. Where a registered person fails to maintain true and correct accounts of goods, tax must be determined under Section 73 or Section 74, and the statutory route for such discrepancies is confined to that mechanism. Section 130 is not attracted merely because excess stock is found; its invocation depends on the specific statutory grounds and cannot replace the prescribed tax-determination process. en-us Tue, 21 Apr 2026 08:50:29 +0530 Tue, 21 Apr 2026 08:50:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16240 Excess stock found during inspection, search or survey is to be treated as unaccounted goods under the GST accounting and tax determination scheme, not through confiscation proceedings under Section 130. Where a registered person fails to maintain true and correct accounts of goods, tax must be determined under Section 73 or Section 74, and the statutory route for such discrepancies is confined to that mechanism. Section 130 is not attracted merely because excess stock is found; its invocation depends on the specific statutory grounds and cannot replace the prescribed tax-determination process. Articles Goods and Services Tax - GST Tue, 21 Apr 2026 08:50:29 +0530 https://www.taxtmi.com/article/detailed?id=16240