HC Quashes Writ on GST Penalty for Non-Claim of Goods, Directs Alternative Remedy

HDB Financial Services Limited  Vs State of U.P. and 2 others (Allahabad High Court) Allahabad High Court dismissed a writ petition filed by HDB Financial Services Limited challenging a penalty of ₹5,40,000 imposed under Section 129(3) of the GST Act. The penalty was levied after authorities detained a vehicle carrying a Pokland Machine, which the petitioner claimed was being transported to its parking yard in Varanasi due to non-payment by the borrower, in accordance with an arbitration award. The petitioner argued that since the goods were merely being shifted to their yard, there was no ...