Confiscation of goods or conveyances and levy of penalty Section 130 - GST Ready Reckoner - GST

..... Confiscation of goods or conveyances and levy of penalty Confiscation of goods or conveyances and levy of penalty Section 130 provides for confiscation of goods or conveyances and levy of penalty. The provisions of this section are summarised as under: If any person (i) supplies or receives any goods in contravention of any of the provisions of this Act or the rules made thereunder with intent to evade payment of tax; or (ii) does not account for any goods on which he is liable to pay tax under .....

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Confiscation of goods or conveyances and levy of penalty Section 130 - GST Ready Reckoner - GST

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..... d the market value of the goods confiscated, less the tax chargeable thereon. FORM GST MOV -10 serves as the notice for consfication of goods conveyance Few Clarifications Circular No. 64/38/2018-GST clarifies that The non-furnishing of information in Part B of FORM GST EWB-01 amounts to the e-way bill becoming not a valid document for the movement of goods by road except in the case where the goods are transported for a distance of upto fifty kilometres within the State or Union territory to or .....

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Confiscation of goods or conveyances and levy of penalty Section 130 - GST Ready Reckoner - GST

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