TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Seizure and release of goods and vehicles for transit violations: penalties, notice and hearing, sale if unpaid</h1> Where goods are transported or stored in transit contrary to the Act or rules, the goods, the conveyance and related documents may be detained or seized; release is possible on payment of specified penalties or by furnishing prescribed security. If the owner comes forward, penalty equals 200% of tax payable (or for exempt goods 2% of value or ?25,000 whichever is less); if the owner does not come forward, penalty equals 50% of value or 200% of tax whichever is higher (or for exempt goods 5% of value or ?25,000 whichever is less). The detaining officer must serve an order, issue notice within seven days and pass a penalty order within seven days of that notice, after affording a hearing. Payment concludes proceedings; unpaid penalties within 15 days may lead to sale or disposal of goods, with special provisions for conveyances and perishable or hazardous goods.
TaxTMI 
TaxTMI 
