https://www.taxtmi.com/article/detailed?id=17501 Unaccounted goods must ordinarily be addressed through tax determination under Section 35(6), read with Sections 73 or 74, rather than through automatic confiscation. The proper officer must determine quantity, value, tax period, taxability, applicable rate, and the taxpayer's explanation through a notice-based adjudicatory process. Confiscation under Section 130 requires independent proof of its statutory conditions and cannot replace tax assessment. A fine in lieu of confiscation depends upon valid confiscation proceedings and cannot survive independently where that foundation is absent. en-us Thu, 01 Oct 2026 07:42:14 +0530 Thu, 01 Oct 2026 07:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17501 Unaccounted goods must ordinarily be addressed through tax determination under Section 35(6), read with Sections 73 or 74, rather than through automatic confiscation. The proper officer must determine quantity, value, tax period, taxability, applicable rate, and the taxpayer's explanation through a notice-based adjudicatory process. Confiscation under Section 130 requires independent proof of its statutory conditions and cannot replace tax assessment. A fine in lieu of confiscation depends upon valid confiscation proceedings and cannot survive independently where that foundation is absent. Articles Goods and Services Tax - GST Thu, 01 Oct 2026 07:42:14 +0530 https://www.taxtmi.com/article/detailed?id=17501