Seizure and auction of goods: Commissioner may auction seized goods after notice to recover tax arrears. Commissioner must give and obtain acknowledgement of a receipt when seizing goods or a goods vehicle; seized items are kept in his custody and may be retained for a reasonable time and returned to the person from whose custody they were taken. Where goods, goods vehicles, or goods held as security are seized or held, the Commissioner may, after serving notice and not sooner than one month thereafter, direct their auction to recover arrears of tax, interest or penalty; auctions are to follow the prescribed procedure for sale of property held by the Commissioner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Seizure and auction of goods: Commissioner may auction seized goods after notice to recover tax arrears.
Commissioner must give and obtain acknowledgement of a receipt when seizing goods or a goods vehicle; seized items are kept in his custody and may be retained for a reasonable time and returned to the person from whose custody they were taken. Where goods, goods vehicles, or goods held as security are seized or held, the Commissioner may, after serving notice and not sooner than one month thereafter, direct their auction to recover arrears of tax, interest or penalty; auctions are to follow the prescribed procedure for sale of property held by the Commissioner.
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