Seizure of goods based on undervaluation justifiable: Allahabad HC

Jaya Traders Vs Additional Commissioner Grade-2 And Another (Allahabad High Court) Allahabad High Court dismissed the writ petition and held that seizure of goods under section 129 of the IGST/ CGST Act can be done even on the ground of under valuation. Thus, power of seizure of goods correctly exercised. Facts- The petitioner is a proprietorship firm engaged in the business of trading of pan masala and scented tobacco. Notably, in the normal course of business, the petitioner has received an order for supply of pan masala and scented tobacco from various registered dealers situated at Delhi a...