Summary
- The GST Appellate Tribunal in Prayagraj quashed a ā¹1,96,000 penalty against G P Motors Private Limited for failing to generate an e-way bill during an internal stock transfer.
- The Tribunal ruled that while an e-way bill is mandatory under Rule 138, the movement of five two-wheelers was not a taxable supply, as it involved no sale to a third party.
- Citing previous judgments, the Tribunal emphasized that tax evasion cannot be inferred from mere procedural lapses without evidence of intent.
- This ruling could set a precedent for similar cases involving stock transfers and e-way bill compliance under the Goods and Services Tax framework.
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