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of <h1>Goods Seizure Overturned: Security Provision Allows Release in Tax Compliance Dispute</h1> The SC upheld the seizure of goods under tax law, but mandated their release upon providing security equivalent to the goods' value. Despite the initial ... Seizure of goods alongwith Vehicle - goods not accompanied by the E-way bill - case of petitioner is that as the site was not operative, the bill could not be generated but subsequently the E-way bill was downloaded on 03.06.2018 at 11.18 a.m. and was produced before the authorities. There was no intention to evade any tax to permit seizure - Held that:- The seized goods and the vehicle shall be released in favour of the petitioner on furnishing security other than cash and bank guarantee to the satisfaction of the authority concerned of the amount equivalent to the value of the goods only - List for admission/final disposal immediately on the expiry of above period. The goods of the petitioner were seized under Section 129 of the Uttar Pradesh Goods and Services Tax Act, 2017 for not having an E-way bill. The bill was later produced, and there was no intention to evade tax. The seized goods and vehicle will be released upon furnishing security equivalent to the value of the goods. The case will be listed for admission/final disposal after a month.
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