https://www.taxtmi.com/acts?id=25269 Section 129 prescribes that goods, conveyances and related documents detained or seized in transit for contravention may be released on payment of applicable tax and specified penalties (100% of tax if owner pays; 50% of value reduced by tax if owner does not come forward) or upon furnishing prescribed security equivalent to those amounts. The proper officer must serve an order of detention/seizure, issue a notice specifying tax and penalty, provide an opportunity of being heard before determination, and conclude proceedings on payment; failure to pay within seven days leads to further proceedings under section 130, with a reduced period for perishable or hazardous goods. en-us Thu, 25 May 2017 11:57:13 +0530 Thu, 25 May 2017 11:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25269 Section 129 prescribes that goods, conveyances and related documents detained or seized in transit for contravention may be released on payment of applicable tax and specified penalties (100% of tax if owner pays; 50% of value reduced by tax if owner does not come forward) or upon furnishing prescribed security equivalent to those amounts. The proper officer must serve an order of detention/seizure, issue a notice specifying tax and penalty, provide an opportunity of being heard before determination, and conclude proceedings on payment; failure to pay within seven days leads to further proceedings under section 130, with a reduced period for perishable or hazardous goods. Act-Rules GST - States Thu, 25 May 2017 11:57:13 +0530 https://www.taxtmi.com/acts?id=25269