Respondents shall release the vehicle and the goods provisionally on furnishing bond or such security or payment as found appropriate.
Section 129 of the CGST Act — Goods in Transit –-- The petitioner challenged the detention order and submitted that the vehicle and the goods have been detained on the ground that the validity of the e-way bill which the driver was carrying had expired. The counsel for the petitioner submitted that the petitioner is prepared to undergo the entire gamut of assessment and pay if any tax or penalty is ultimately found due and payable. The court observed that the authorities continue the proceedings for assessment. However, till the same is done, it would not be appropriate to continue the detention and seizure of the conveyance as well as the goods.
Held that:- The Hon’ble High Court directed that the respondents shall release the vehicle and the goods upon the petitioner furnishing bond for payment of full amount of tax and the penalty; shall either under protest depositing 25% thereof subject to adjustment on final assessment.