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The seized goods may be valued and quantified and, thereafter, may be released forthwith subject to deposit of 50 per cent of the amount so demanded

Section 67 of the CGST Act, 2017—Seizure of goods –The petitioner submitted his goods have been seized in the Business place under Section 67 of the Act. The respondent prayed for one month's time to file counter affidavit. Held that:- The Hon’ble High Court listed the matter on 30.10.2018. Further, directed that the seized goods may be valued and quantified and, thereafter, may be released forthwith subject to deposit of 50 per cent of the amount so demanded in the shape of security other than cash or bank guarantee or in the alternative accept an indemnity bond to the satisfaction of the seizing authority.
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