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of <h1>High Court Rules GST Confiscation Illegal; Maximum Penalty Limited to Rs. 10,000 Under CGST Act Provisions.</h1> The High Court analyzed a case concerning the maintenance of books of accounts and penalties under the GST regime. The GST authorities accused a registered entity of failing to maintain proper records, leading to confiscation of goods and penalties. The court examined relevant CGST Act provisions, finding the confiscation arbitrary and illegal as conditions for such action were unmet. It determined the maximum penalty for the entity should be Rs. 10,000, as the offenses fell under a category with a capped penalty. The judgement emphasized due process, proper tax determination, and adherence to statutory procedures.
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