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of <h1>Tax Seizure Case: Goods Release Possible via 50% Deposit or Indemnity Bond Under Section 67 UPGST Act</h1> <h3>M/s B.R. Industries Versus State Of U.P. And 02 Others</h3> M/s B.R. Industries Versus State Of U.P. And 02 Others - TMI The petitioner's goods were seized under Section 67 of the UPGST Act. The court allowed one month for the counter affidavit to be filed and ordered the seized goods to be valued and quantified. The goods can be released upon depositing 50% of the demanded amount as security or by providing an indemnity bond to the seizing authority. Next hearing is scheduled for 30.10.2018.
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