GST: Recording reason to believe in INS-01 is a pre-requisite to initiate Search

Excellentvision Technical Academy Pvt. Ltd. Vs State of U P And 5 Others (Allahabad High Court) In a significant ruling, the Allahabad High Court in the case of Excellentvision Technical Academy Pvt. Ltd. v. State of U.P. [Writ Tax No. 554 of 2023, dated May 20, 2024] has emphasized the necessity for the Revenue department to record reasons in INS-01 before initiating search proceedings under Section 67 of the Central Goods and Services Tax (CGST) Act, 2017.  The Hon’ble Allahabad High Court held that where Revenue department failed to put forward the actual reasons to believe as required...