Tax Seizure Case: Goods Release Possible via 50% Deposit or Indemnity Bond Under Section 67 UPGST Act

The HC ruled on a tax seizure case involving goods under Section 67 of UPGST Act. The court granted one month for counter affidavit filing and ordered goods valuation. Goods can be released by depositing 50% of demanded amount or providing an indemnity bond to the seizing authority, with the next hearing set for 30.10.2018.

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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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