GST goods detention penalty u/s 129(1)(a) miscalculated; penalty order set aside, authorities told to recompute within three weeks.

GST goods detention penalty u/s 129(1)(a) miscalculated; penalty order set aside, authorities told to recompute within three weeks.Case-LawsGSTWhether the penalty quantified under Section 129(1)(a) of the U.P. GST Act, 2017 was computed erroneously was th

GST goods detention penalty u/s 129(1)(a) miscalculated; penalty order set aside, authorities told to recompute within three weeks.
Case-Laws
GST
Whether the penalty quantified under Section 129(1)(a) of the U.P. GST Act, 2017 was computed erroneously was the dominant issue. Applying the principle in a prior binding decision on similar facts, the Court held that the penalty must be re-determined strictly in accordance with the statutory formula under Section 129(1)(a), and an order reflecting an incorrect computation cannot be sustained. Consequently, the impugned penalty order was set aside and the tax authorities were directed to re-compute and determine the penalty afresh within three weeks, and the writ petition was disposed of. – HC
TMI Updates – Highlights, quick notes, marquee, annotation, news, alerts

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =