we have despatched stocks worth of 384245/- where e way bill was missing. due to technical reasons the e way bill was not prepared. the other goods in the consignment had eway bill. The transported goods are cigarettes.
the goods were detained and we were given a demand of 216127/- as CGST+SGST +CESS+ Additional cest and 216127 as penalty totalling to 432254/- .
We paid the total amount and released the goods.
We reported the above sale in our regular sales for the month and adjusted the above tax amount of Rs.216127/- towards the tax liablity. the penalty of Rs.216127/- is still undadjusted in our ledger.
Now we are getting an order online under DRC07 stating that we have to pay 432254/- . we are informed that the penalty of 216127/- can be adjusted against this and we will have to pay the tax of Rs.216127/ - again
they inform that the tax we have already paid on this will be a blocked credit
In this case total tax and penalty payable will be 648381/- against an invoice value of Rs.384245/-
can anybody advise
CAclubindia
