Penalty for failure to comply with track and trace mechanism [Section 148A & Section 122B]

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....ification, the goods, persons or classes of persons who are in possession or deal with such goods, to whom the section will apply, based on the recommendations of the GST Council. 2. Prescription of System and Marking (Sub-section 2) The Government may, in respect of the goods referred to in clause (a) of sub-section (1),-- (a) provide a system for enabling affixation of unique identification....

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.... of business of manufacture of such goods, including the identification, capacity, duration of operation and such other details or information, within such time and in such form and manner; (d) Payment of Prescribed Amounts - pay such amount in relation to the system referred to in sub-section (2), as may be prescribed.] The breadth of these obligations reflects a comprehensive approach ....

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....contravention of the provisions of the said section, he shall, in addition to any penalty under Chapter XV or the provisions of this Chapter, be liable to pay a penalty equal to an amount of one lakh rupees or ten per cent. of the tax payable on such goods, whichever is higher. Scope and Applicability * Section 122B applies "notwithstanding anything contained in this Act," indicating its overri....