https://www.taxtmi.com/article/detailed?id=10002 Registered persons must maintain complete accounts at their principal place of business, with electronic storage and access obligations under rules; Section 35(6) enables officers to determine tax on unaccounted goods as if supplied, invoking Sections 73/74 procedures. Section 130(1) permits confiscation only where specific ingredients such as intent to evade tax or non accounting of taxable goods are established. In the Metenere case the High Court found those ingredients and requisite assessment procedures absent, treating the offence as record noncompliance subject to the statutory penalty ceiling under Section 122(xvi). en-us Wed, 15 Sep 2021 10:51:47 +0530 Wed, 15 Sep 2021 10:51:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10002 Registered persons must maintain complete accounts at their principal place of business, with electronic storage and access obligations under rules; Section 35(6) enables officers to determine tax on unaccounted goods as if supplied, invoking Sections 73/74 procedures. Section 130(1) permits confiscation only where specific ingredients such as intent to evade tax or non accounting of taxable goods are established. In the Metenere case the High Court found those ingredients and requisite assessment procedures absent, treating the offence as record noncompliance subject to the statutory penalty ceiling under Section 122(xvi). Articles Goods and Services Tax - GST Wed, 15 Sep 2021 10:51:47 +0530 https://www.taxtmi.com/article/detailed?id=10002