Excess stock not offense u/s 130 of UPGST Act: HC.

Excess stock discovered during a survey cannot trigger proceedings under Section 130 of the UPGST Act against a registered dealer, according to the High Court. Instead, tax determination proceedings under Sections 73 or 74 of the UPGST Act should be applied in such cases. The High Court, referencing precedent, quashed the orders that initiated action under Section 130 for excess stock and granted the petition. .....

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