https://www.taxtmi.com/article/detailed?id=7316 Confiscation follows seizure where goods or conveyances are transported, stored, supplied or handled in contravention of the Act or rules, including acts done with intent to evade tax or without registration; seized items may be released on payment of applicable tax and penalties or provisionally released on bond and security. Failure to pay within the prescribed period leads to confiscation proceedings; the owner must receive notice and an opportunity to be heard. On adjudication, a redemption fine may be offered in lieu of confiscation, tax and charges remain payable, title vests in the government, and the proper officer may dispose of goods and deposit proceeds with the government. en-us Tue, 14 Mar 2017 08:24:14 +0530 Tue, 14 Mar 2017 08:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7316 Confiscation follows seizure where goods or conveyances are transported, stored, supplied or handled in contravention of the Act or rules, including acts done with intent to evade tax or without registration; seized items may be released on payment of applicable tax and penalties or provisionally released on bond and security. Failure to pay within the prescribed period leads to confiscation proceedings; the owner must receive notice and an opportunity to be heard. On adjudication, a redemption fine may be offered in lieu of confiscation, tax and charges remain payable, title vests in the government, and the proper officer may dispose of goods and deposit proceeds with the government. Articles Goods and Services Tax - GST Tue, 14 Mar 2017 08:24:14 +0530 https://www.taxtmi.com/article/detailed?id=7316