https://www.taxtmi.com/forum/issue?id=115588 Whether officers may suspect declared consignment values and estimate value during interception when invoice value diverges from market price, relying on market rates and expert testing, and propose penalties under Section 129(3) of GST; issues include scope of officer powers to revalue goods in transit, permissible evidentiary bases for revaluation, procedural limits on rejecting invoices, and nexus between rejection and penalty proposal. en-us Fri, 25 Oct 2019 12:31:17 +0530 Thu, 23 Jan 2025 15:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115588 Whether officers may suspect declared consignment values and estimate value during interception when invoice value diverges from market price, relying on market rates and expert testing, and propose penalties under Section 129(3) of GST; issues include scope of officer powers to revalue goods in transit, permissible evidentiary bases for revaluation, procedural limits on rejecting invoices, and nexus between rejection and penalty proposal. Discussion-Forum GST Fri, 25 Oct 2019 12:31:17 +0530 https://www.taxtmi.com/forum/issue?id=115588