Court rules penalty under GST Act invalid without proof of tax evasion intent. Vehicle and goods to be released within two weeks.

Court rules penalty under GST Act invalid without proof of tax evasion intent. Vehicle and goods to be released within two weeks. https://www.taxtmi.com/highlights?id=80258 The case involved a challenge to a penalty imposed u/s 129 of the Goods and Service Tax Acts. The court held that without proof of intent to evade tax, such penalties lack legal basis. The petitioner had presented all documents during seizure, except one, which was later provided. The court found no factual support for the alleged tax evasion intent. The order dated July 20, 2024, was quashed, directing release of the vehicle and goods within two weeks. The High Court disposed of the petition. en-us Thu, 08 Aug 2024 09:10:59 +0530 Thu, 08 Aug 2024 09:10:59 +0530 TaxTMI RSS Generator Court rules penalty under GST Act invalid without proof of tax evasion intent. Vehicle and goods to be released within two weeks. https://www.taxtmi.com/highlights?id=80258 The case involved a challenge to a penalty imposed u/s 129 of the Goods and Service Tax Acts. The court held that without proof of intent to evade tax, such penalties lack legal basis. The petitioner had presented all documents during seizure, except one, which was later provided. The court found no factual support for the alleged tax evasion intent. The order dated July 20, 2024, was quashed, directing release of the vehicle and goods within two weeks. The High Court disposed of the petition. Highlights GST Thu, 08 Aug 2024 09:10:59 +0530 https://www.taxtmi.com/highlights?id=80258