Excess Stock Requires GST Sec 73/74 Proceedings, Not Sec 130: Allahabad HC

Gopal Trading Company Vs State of U.P. And 2 Others (Allahabad High Court) Allahabad High Court Rules Excess Stock Falls Under GST Sections 73/74, Quashes Orders Against Gopal Trading Company Allahabad High Court has set aside impugned orders against Gopal Trading Company, a proprietorship engaged in the business of paan masala, tobacco, cigarettes, and matchsticks. The court ruled that proceedings initiated for excess stock found during a GST inspection should have been under Sections 73 or 74 of the GST Act, rather than Section 130, which deals with confiscation of goods or conveyances and l...