GST Authorities detain Consignment on ground that Supplier Wrongly Passed ITC to Buyer: Madras HC directs Buyer to Pre-deposit 200% of Maximum Penalty

GST Authorities detain Consignment on ground that Supplier Wrongly Passed ITC to Buyer - Madras HC directs Buyer to Pre-deposit - Maximum Penalty - TAXSCAN

A single Bench of Justice C. Saravanan of Madras High Court directed the buyer to make a pre-deposit of 200% of maximum penalty or an alternative furnish Bank Guarantee in terms of Section 129(c) of the respective Goods and Services Tax enactments and the Rules made thereunder. The respondents Goods and Services Tax authorities were…

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