GST DAILY – 507: Notice under Section 61 of CGST Act cannot be issued merely on basis of difference between sale price and market price: HC

THE HON’BLE JHARKHAND HIGH COURT IN THE CASE OF Sri Ram Stone Works V/s State of Jharkhand, decided on 9-5-2025

 👉 Issue:-

✔️ Can GST Notice would be issued under Section 61 of CGST Act  merely on the basis of difference between sale price and market price?

👉 TheHon’ble High Court Judgement:- ✔️ Clear objective of section 61 is to enable an Assessing Officer to point out discrepancies and errors which are occurring in return filed by a registered person with that of related particulars; notice under section 61 cannot be issued comparing particulars at which assessee has sold its goods with that of prevalent market price.