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of <h1>High Court Grants Review Petition, Allows Goods Release with Cash Deposit and Bank Guarantee After 69-Day Delay</h1> <h3>Garg Oil Traders Versus State of Punjab and others</h3> HC allowed review petition with 69-day delay and recalled prior goods release order. Petitioner directed to deposit Rs.4 Lacs cash and provide bank ... Levy of tax, penalty and fine - the petitioner is ready to deposit Rs.4 Lacs in cash and give surety with respect to the remaining amount out of Rs.19,42,692/- - HELD THAT:- A direction is being given to the petitioner to deposit Rs. 4 Lacs in cash and give bank guarantee for the remaining penalty amount and goods be released provisionally to the petitioner within 10 days - Respondents are directed to accept Rs.4 Lacs in cash pursuant to the GST MOV-10 where total tax, penalty and fine is Rs. 19,42,692/-. Petition disposed off. Issues Involved:The judgment addresses the delay in filing a review petition, recalling an order related to goods release, and directing the petitioner to deposit a certain amount for the release of goods.Delay in Filing Review Petition:The court allowed the application, condoning a delay of 69 days in filing the review petition/application.Recalling Order Related to Goods Release:The order dated 10.04.2023, regarding the release of goods, was recalled as the goods had not been released and the State counsel sought further instructions.Direction to Deposit Amount for Goods Release:The petitioner was directed to deposit Rs.4 Lacs in cash and provide a bank guarantee for the remaining penalty amount out of Rs.19,42,692/-, with the provision for the goods to be released to the petitioner within 10 days.Legal Terminology and Phrases:The court directed the respondents to accept Rs.4 Lacs in cash pursuant to the GST MOV-10, where the total tax, penalty, and fine amounted to Rs.19,42,692/-. The writ petition was disposed of with liberty given to the petitioner to file an appeal against MOV-10, Annexure P-4, in accordance with the law if advised.
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