SC Affirms: Stock Discrepancies Require GST Assessment, Not Confiscation

Additional Commissioner Grade-2 & Anr. Vs Dayal Product (Supreme Court of India) SC dismisses Revenue’s SLP against Allahabad HC judgment affirming no penalty order u/s 130 of the CGST Act for stock discrepancies found during surveys The Hon’ble Supreme Court in  the case of Additional Commissioner Grade-2 & Another v. Dayal Product [Special Leave Petition (Civil) Diary No. 44119/2025, order dated September 01, 2025] held that where a stock discrepancy is discovered during the survey of a registered dealer, the initiation of confiscation and penalty proceedings under Section 130 o...