Provisional attachment of property enables attachment, encumbrance and disposal with release mechanisms on payment or objection. The Commissioner may provisionally attach property, including bank accounts, by issuing FORM GST DRC-22 and must send copies to the relevant authorities and the person whose property is attached; encumbrances remain until the Commissioner withdraws them or the prescribed period expires. Perishable or hazardous property may be released on payment of market price or payable amount, with release by FORM GST DRC-23; failing payment, the Commissioner may dispose of the property and adjust proceeds against amounts due. The person may file an objection in FORM GST DRC-22A and, after hearing or if attachment is no longer justified, the Commissioner may release the property by FORM GST DRC-23.
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.
Provisional attachment of property enables attachment, encumbrance and disposal with release mechanisms on payment or objection.
The Commissioner may provisionally attach property, including bank accounts, by issuing FORM GST DRC-22 and must send copies to the relevant authorities and the person whose property is attached; encumbrances remain until the Commissioner withdraws them or the prescribed period expires. Perishable or hazardous property may be released on payment of market price or payable amount, with release by FORM GST DRC-23; failing payment, the Commissioner may dispose of the property and adjust proceeds against amounts due. The person may file an objection in FORM GST DRC-22A and, after hearing or if attachment is no longer justified, the Commissioner may release the property by FORM GST DRC-23.
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