Search after stock and cash found tax and penalty applicable

A registered dealer search by gst department some cash amount and some un accounting stock found .
question:
dealer found for stock and cash amount tax and penalty applicable in gst act
Replies (2)
Quick Summary
If a registered dealer is searched by the GST department and unaccounted stock or cash is found, tax, interest, and penalties are definitely applicable under Section 74 of the GST Act. While some may suggest this doesn't happen in practice, the law clearly outlines these consequences for such discoveries.

Yes definitely.
Attracts Section 74 Tax, Interest & Penalty is applicable
No it does not happen in actual practice.

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