187.
A ltd was supplying
goods from Dlhi to Mumbai. They had under-valued the goods to the extent of
50%. The Cmmissioner of GST has ordered absolute confiscation of the said
goods. Whether the prayer of A Ltd for release of goods on payment of certain
fine is justified?
Yes, section 130(2) uses the word “shall” and hence, it is mandatory for the proper officer to grant an option to the taxable person to pay fine in lieu of confiscation.