GST DAILY – 506 : Mere presence of excess stock during search warrants proceedings under section 73/74, not confiscation under section 130: HC

THE HON’BLE ALLAHABAD HIGH COURT IN THE CASE OF Gopal Trading Company V/s State of U.P., decided on 7-5-2025

👉 Issue:-

✔️ Can excess stock during search warrants proceedings would be confiscation under section 130 of CGST?

👉 The Hon’ble High Court Judgement:-

✔️ Where in search at premises of assessee, excess stock was found, Act specifically contemplates that proceedings under section 73/74 should be pressed; proceedings under section 130 could not have been pressed.Section 67, read with sections 73, 74 and 130, of Central Goods and Services Tax Act, 2017