GST provisional attachment governs property encumbrance, objection hearings, release mechanisms, and disposal of perishable or hazardous assets. GST provisional attachment may cover property, including bank accounts, through an order in Part A of FORM GST DRC-22. Copies are sent to relevant ... Summary
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GST provisional attachment governs property encumbrance, objection hearings, release mechanisms, and disposal of perishable or hazardous assets.
GST provisional attachment may cover property, including bank accounts, through an order in Part A of FORM GST DRC-22. Copies are sent to relevant authorities to create an encumbrance and to the affected person; the encumbrance ends on written instructions or after one year, whichever is earlier. Perishable or hazardous property may be released on proof of payment of the lower of its market price or the amount payable. Attached persons may object, following which the property may be released or the objection rejected after a hearing.
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