Excess Stock Alone Cannot Justify GST Confiscation: SC Upholds HC Ruling

Additional Commissioner Grade-2 (Appeal) Vs S/S Dinesh Kumar Pradeep Kumar (Supreme Court of India) In, the Supreme Court dismissed the Special Leave Petition filed against the Allahabad High Court judgment concerning confiscation proceedings initiated under Section 130 of the UPGST Act on the basis of alleged excess stock found during survey proceedings. While declining to interfere with the High Court judgment, the Supreme Court clarified that dismissal of the SLP would not prevent the authorities from taking recourse to appropriate remedies available in law. The dispute before the Allahabad...