sameer
(Querist) 04 December 2010
This query is : Resolved
I have a physical stock valuing rs 1500000 but as per my balance sheet its showing for rs 1000000.during an inspection sales tax officer said that excees of goods will be seized.my question is can they seize the goods?what can a sales tax officer do in this case and what are their powers?in which act or rules their powers are mentioned?
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