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Unaccounted stock, Goods and Services Tax - GST

Issue Id: - 117811
Dated: 11-2-2022
By:- Rajesh Kumar

Unaccounted stock


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Sir/Madam

During the gst search, the department seized some goods for which party could not produce any invoices of purchase. Please inform how they can calculate tax on these goods as gst is applicable on the sale of goods when party will sale these goods he will pay .
Can department charge GST on the purchase made without bills ? If yes, Can they charge interest and penalty there on ?

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1 Dated: 12-2-2022
By:- KASTURI SETHI

Already replied. It is repeated.


Page: 1

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