Invoice is made undervalued by 60000/- rupees. & GST officer found it while goods are in transit. How much Penalty can be levied. Please explain?

Reply—Under valuation of goods in the invoice cannot be a ground for detention of the goods and vehicle for a proceeding to be drawn under Section 129 of the CGST Act, read with Rule 138 of Rules, 2017. (Refer decision of Chhattisgarh high court in matter of K.P. Sugandh Ltd dated 16.03.2020)

Penalty proceedings initiated under section 129 can be challenged by referring above judgment.