https://www.taxtmi.com/acts?id=29793 Seized goods may be released provisionally on execution of a bond for the value of the goods in FORM GST INS-04 and furnishing of a bank guarantee as security equal to the amount of applicable tax, interest and penalty payable. Applicable tax includes central tax, State tax, Union territory tax and any cess payable under the Goods and Services Tax (Compensation to States) Act, 2017. If the goods are not produced on the appointed date and place, the security may be encashed and adjusted against tax, interest, penalty and fine payable. en-us Wed, 05 Jul 2017 15:30:11 +0530 Sat, 27 Jun 2026 13:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29793 Seized goods may be released provisionally on execution of a bond for the value of the goods in FORM GST INS-04 and furnishing of a bank guarantee as security equal to the amount of applicable tax, interest and penalty payable. Applicable tax includes central tax, State tax, Union territory tax and any cess payable under the Goods and Services Tax (Compensation to States) Act, 2017. If the goods are not produced on the appointed date and place, the security may be encashed and adjusted against tax, interest, penalty and fine payable. Act-Rules GST Wed, 05 Jul 2017 15:30:11 +0530 https://www.taxtmi.com/acts?id=29793