https://www.taxtmi.com/caselaws?id=371367 Detained goods and vehicle were ordered to be released on furnishing a bank guarantee for the tax and penalty found due and a bond for the value of the goods in the prescribed form under Rule 140(1) of the CGST Rules. The detention arose from an allegation of misclassification, and the Court applied an earlier decision on an identical issue to direct release on the stipulated security. The ruling confirms that release may be secured by compliance with the prescribed guarantee and bond requirements rather than continued detention. en-us Wed, 21 Nov 2018 00:00:00 +0530 Fri, 28 Mar 2025 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371367 Detained goods and vehicle were ordered to be released on furnishing a bank guarantee for the tax and penalty found due and a bond for the value of the goods in the prescribed form under Rule 140(1) of the CGST Rules. The detention arose from an allegation of misclassification, and the Court applied an earlier decision on an identical issue to direct release on the stipulated security. The ruling confirms that release may be secured by compliance with the prescribed guarantee and bond requirements rather than continued detention. Case-Laws GST Wed, 21 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371367