Treatment of goods released after payment of tax and penalty us 130(2) cgst

Tax paid under Section 129(1) for detained goods should be accounted for as a "Deposit Under Protest" (asset) and the penalty as an expense in your books. You cannot directly adjust this tax against your routine output liability in GSTR-3B; if the tax demand is disputed, you must seek legal recourse through the appellate process to claim a refund or adjustment.