https://www.taxtmi.com/caselaws?id=751899 Alleged under valuation of goods, by itself, does not justify detention and penalty under Section 129 of the Uttar Pradesh GST Act, 2017. Where the dispute concerns valuation alone, the proper course is to invoke the assessment mechanism under Sections 73 or 74 by issuing the prescribed notice and following the statutory procedure. Detention and penalty cannot be used as a substitute for that process. On that basis, the penalty under Section 129 for under valuation was held unsustainable and the impugned orders were liable to be quashed. en-us Tue, 23 Apr 2024 00:00:00 +0530 Mon, 28 Apr 2025 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751899 Alleged under valuation of goods, by itself, does not justify detention and penalty under Section 129 of the Uttar Pradesh GST Act, 2017. Where the dispute concerns valuation alone, the proper course is to invoke the assessment mechanism under Sections 73 or 74 by issuing the prescribed notice and following the statutory procedure. Detention and penalty cannot be used as a substitute for that process. On that basis, the penalty under Section 129 for under valuation was held unsustainable and the impugned orders were liable to be quashed. Case-Laws GST Tue, 23 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751899