Where Competent Authority seized goods of assessee kept in factory premises and thereafter he confiscated said goods on ground that assessee had failed to maintain records as required U/s 35(1), confiscation of seized goods under section 130(1) was wholly arbitrary and illegal

Where Competent Authority seized goods of assessee kept in factory premises and thereafter he confiscated said goods on ground that assessee had failed to maintain records as required under section 35(1) and also imposed a penalty of Rs. 19.43 crores

upon assessee in exercise of powers conferred under section 122(1) (xvi) and (xvii), maximum penalty that could be imposed upon assessee was Rs. 10,000 Metenere Ltd. vs Union Of India [2021] 52 GSTL 12 (Allahabad)