Section 130 GST Proceedings Inapplicable for Excess Stock Found During Survey

Banaras Industries Vs Union Of India And 4 Others (Allahabad High Court) In the case of Banaras Industries Vs Union of India, the Allahabad High Court dealt with a writ petition challenging orders under Section 130 of the UPGST Act after excess stock was found during a search at the petitioner’s business premises. The petitioner argued that the stock was estimated visually without proper verification or video recording, and that proceedings should have been initiated under Sections 73 or 74 of the GST Act instead of Section 130. The court examined the application of Section 130, which is...