Release of detained goods under GST follows inspection, payment or bond, or redemption in lieu of confiscation. Form GST MOV-05 records that goods and conveyance inspected under GST are released when: (a) no discrepancy is found; (b) after detention under FORM GST MOV-06 and notice, release follows payment of tax and penalty, payment under FORM GST MOV-09, or furnishing a bond in FORM GST MOV-08 with a bank guarantee; or (c) after an order of confiscation in FORM GST MOV-11, release follows payment of tax, penalty and fine in lieu of confiscation. The form logs release date/time, officer signature and owner acknowledgement.
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Provisions expressly mentioned in the judgment/order text.
Release of detained goods under GST follows inspection, payment or bond, or redemption in lieu of confiscation.
Form GST MOV-05 records that goods and conveyance inspected under GST are released when: (a) no discrepancy is found; (b) after detention under FORM GST MOV-06 and notice, release follows payment of tax and penalty, payment under FORM GST MOV-09, or furnishing a bond in FORM GST MOV-08 with a bank guarantee; or (c) after an order of confiscation in FORM GST MOV-11, release follows payment of tax, penalty and fine in lieu of confiscation. The form logs release date/time, officer signature and owner acknowledgement.
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