Please advice the penality of sec 129 in the below following situation :-
Situation 1 :- The supplier handover the goods to the transporter but forgot to handover the copy of invoice and E way bill.
Situation 2:- The supplier handover the goods and the copy of E way bill to the transporter but forgot to handover the invoice.
Situation 3:- The supplier handover the goods and the copy of invoice to the transporter but forgot to handover the E way bill.
Sect:- 129 penality
Replies (2)
Quick Summary
Section 129 – Detention, seizure and release of goods and conveyances in transit. (a) on payment of the applicable tax and penalty equal to one hundred per cent. ... Provided that no such goods or conveyance shall be detained or seized without serving an order of detention or seizure on the person transporting the goods.
| Originally posted by : Rama chary Rachakonda | ||
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Section 129 – Detention, seizure and release of goods and conveyances in transit. (a) on payment of the applicable tax and penalty equal to one hundred per cent. ... Provided that no such goods or conveyance shall be detained or seized without serving an order of detention or seizure on the person transporting the goods. |  |
Section 130 talks about confiscation of goods or conveyance and levy of tax, penalty and fine thereof.
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