Excess Stock Alone Cannot Trigger GST Confiscation Proceedings: SC Upholds HC Ruling

Additional Commissioner Grade-2 and another Vs Shree Om Steels (Supreme Court of India) In, the Supreme Court dismissed the Special Leave Petition filed by the tax authorities against the judgment of the Allahabad High Court in matters concerning confiscation proceedings initiated under Section 130 of the UPGST Act against registered dealers allegedly found with excess stock during survey proceedings. The Supreme Court noted that a similar matter had already been dismissed on 15.04.2025 and, in view of that dismissal, the present SLPs were also dismissed. The underlying dispute before the Alla...