https://www.taxtmi.com/highlights?id=92142 The HC allowed the petition and quashed the impugned orders dated 4.1.2025 and 22.5.2024, holding that detention and seizure based solely on alleged misclassification and speculative undervaluation cannot sustain a penalty under Section 129 of the UP GST Act where consignment documents were in order. The court found no discrepancy in quality or quantity and noted that the e-tax invoice, e-way bill and bill of lading/accompanying transport document accompanied the goods at detention. Relying on controlling HC authority precluding penalties premised on conjectural undervaluation, the tribunal's orders imposing penalty were set aside and the petition granted. en-us Tue, 02 Sep 2025 08:01:26 +0530 Tue, 02 Sep 2025 08:01:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92142 The HC allowed the petition and quashed the impugned orders dated 4.1.2025 and 22.5.2024, holding that detention and seizure based solely on alleged misclassification and speculative undervaluation cannot sustain a penalty under Section 129 of the UP GST Act where consignment documents were in order. The court found no discrepancy in quality or quantity and noted that the e-tax invoice, e-way bill and bill of lading/accompanying transport document accompanied the goods at detention. Relying on controlling HC authority precluding penalties premised on conjectural undervaluation, the tribunal's orders imposing penalty were set aside and the petition granted. Highlights GST Tue, 02 Sep 2025 08:01:26 +0530 https://www.taxtmi.com/highlights?id=92142