Latest GST Judgments

For Full Access To All Latest Judgments on GST
Click Here To Subscribe Now
Take a tour of our GST Library

Subject to furnishing of bonds to the satisfaction of the respondents, the confiscated goods be released, keeping in view the petitioner has deposited 100% tax, 100% penalty and 10% of the fine amount.

Section 130 of the CGST Act, 2017— Goods in Transit -- The petitioner prayed for release of goods. The court observed that the resolution is not clear as to how the interim release of the goods can be given as at the time of filing of the appeal. The petitioner has deposited the entire 100% of the tax, 100% of the penalty and 10% of the fine amount also. The provisions of Sections 130 and 140 are not clear with respect to the release of the confiscated goods. Held that:-The Hon’ble Court clarified that subject to furnishing of bonds to the satisfaction of the respondents, the confiscated goods be released, keeping in view the petitioner has deposited 100% tax, 100% penalty and 10% of the fine amount.
Join Whats App Group
Check Your Tax Knowledge
Product Demo
Tax Lok English Viedo
Tax Lok Hindi Viedo
whatsapp with taxlok SUBSCRIBE OUR MAGAZINE

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE