GST - Highlights / Catch Notes
GST - Levy of 200% penalty - Failure to renew e-Way Bill - The appellants...
Levy of 200% penalty - Failure to renew e-Way Bill - The appellants should have done since the goods were sold in transit. Therefore, there is a violation had committed by the appellants but the violation is not as grave enough to call for imposition of penalty at the rate of 200%. Since on the date when the vehicle was intercepted the goods were covered by a valid e- Way Bill which satisfies the requirement u/s 129 - Penalty reduced to Rs. 50,000 from 200% - HC