High Court rules 200% penalty u/s 129 unwarranted for brief e-way bill delay in export to Bangladesh.

Levy of penalty of 200% u/s 129 - Bonafide belief - intention to evade tax - expiration of the e-way bill - exported to Bangladesh - On the date and time when the vehicle was intercepted, the vehicle did not have a valid e-way bill - The High Court concluded that the circumstances did not warrant a 200% penalty imposition, considering the short delay and the absence of evidence of intent to contravene the law. .....

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