Section 130 Proceedings Cannot Be Initiated for Excess Stock Found During Survey: HC

PP Polyplast Pvt Ltd Vs Additional Commissioner Grade 2 And Another (Allahabad High Court) The case of PP Polyplast Pvt Ltd vs Additional Commissioner Grade 2 (Allahabad High Court) centered on a dispute regarding GST proceedings. During a search under Section 67 of the GST Act at the petitioner’s premises in June 2018, excess stock was allegedly found through eye estimation. The petitioner contended that the proper course of action should have been to initiate proceedings under Sections 73/74 for assessing tax on the unaccounted goods, rather than under Section 130. The petitioner argue...