The GSTAT, Thiruvananthapuram Bench held that stock transfer between premises of the same registered person does not constitute “supply” under Section 7 and, consequently, no tax becomes payable under Section 9. Therefore, penalty under Section 129, being linked to “tax payable”, cannot be imposed merely for non-generation of an e-way bill; the impugned appellate order was set aside with consequential relief.
Back
