https://www.taxtmi.com/caselaws?id=380059 The Court rejected the application for review of a judgment directing the provisional release of seized goods under the CGST Act, 2017. The Court determined that the petitioner should furnish a bank guarantee of 50 lakhs and a bond for the value of the goods to secure the tax demand. The total amount payable on the seized goods was found to be 46,75,791, with an additional 50% penalty amounting to approximately 70 lakhs. The Court concluded that these measures would serve the interest of justice and dismissed the application for review. en-us Fri, 26 Apr 2019 00:00:00 +0530 Sat, 08 Mar 2025 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380059 The Court rejected the application for review of a judgment directing the provisional release of seized goods under the CGST Act, 2017. The Court determined that the petitioner should furnish a bank guarantee of 50 lakhs and a bond for the value of the goods to secure the tax demand. The total amount payable on the seized goods was found to be 46,75,791, with an additional 50% penalty amounting to approximately 70 lakhs. The Court concluded that these measures would serve the interest of justice and dismissed the application for review. Case-Laws GST Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380059