Judicial Corner
Allahabad High Court Held that the mere presence of excess stock during search proceedings does not warrant confiscation under Section 130 of the CGST Act. Where excess stock is found, the proper course is to initiate proceedings under Sections 73/74 for tax determination. Since the Act provides a specific mechanism for such situations, invoking Section 130 is unsustainable. Accordingly, confiscation orders were quashed
