https://www.taxtmi.com/acts?id=29349 Confiscation and penalty apply where goods are supplied, received, unaccounted, supplied without registration, or conveyances used in contravention with intent to evade tax; such items are liable to confiscation and the person liable to penalty. The adjudicating officer must offer an option to pay a fine in lieu of confiscation, capped at market value less tax and subject to a minimum aggregate relative to the penalty; fines in lieu do not relieve tax, penalty or charges. Orders require an opportunity to be heard; title vests in Government, proper officer takes possession, may seek police assistance, and may dispose of goods after allowing up to three months to pay the fine. en-us Mon, 03 Jul 2017 17:21:14 +0530 Mon, 24 Jul 2017 15:44:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29349 Confiscation and penalty apply where goods are supplied, received, unaccounted, supplied without registration, or conveyances used in contravention with intent to evade tax; such items are liable to confiscation and the person liable to penalty. The adjudicating officer must offer an option to pay a fine in lieu of confiscation, capped at market value less tax and subject to a minimum aggregate relative to the penalty; fines in lieu do not relieve tax, penalty or charges. Orders require an opportunity to be heard; title vests in Government, proper officer takes possession, may seek police assistance, and may dispose of goods after allowing up to three months to pay the fine. Act-Rules GST - States Mon, 03 Jul 2017 17:21:14 +0530 https://www.taxtmi.com/acts?id=29349