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<h1>Confiscation of goods and conveyances: option to pay a fine in lieu of seizure, with continued tax liability.</h1> Section 130 prescribes that goods or conveyances used in tax-evasive supplies, unaccounted taxable goods, supplies without registration, or contraventions intended to evade tax are liable to confiscation and attract penalty. The adjudicating officer must offer an option to pay a fine in lieu of confiscation (not exceeding market value less tax) while ensuring the aggregate fine and penalty satisfies minimum penalty requirements; the fine does not discharge tax, penalty or charges. Confiscated property vests in the Government, possession is taken by the proper officer with police assistance if required, and unsought items may be sold with proceeds deposited to the Government.
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