https://www.taxtmi.com/article/detailed?id=8866 Seizure and provisional release of goods under GST is governed by statutory inspection, search and seizure powers, with provisional release on execution of a bond and furnishing of security or on payment of applicable tax, interest and penalty. The rules prescribe bond and bank guarantee requirements, procedures for perishable goods, timelines for return or disposal, and related inventory and disclosure obligations. Judicial or other orders that exempt owners from complying with the prescribed bond, security or payment conditions are inconsistent with the statutory release mechanism and authorities must process release claims in accordance with the Act and rules. en-us Wed, 25 Dec 2019 10:15:24 +0530 Wed, 25 Dec 2019 10:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8866 Seizure and provisional release of goods under GST is governed by statutory inspection, search and seizure powers, with provisional release on execution of a bond and furnishing of security or on payment of applicable tax, interest and penalty. The rules prescribe bond and bank guarantee requirements, procedures for perishable goods, timelines for return or disposal, and related inventory and disclosure obligations. Judicial or other orders that exempt owners from complying with the prescribed bond, security or payment conditions are inconsistent with the statutory release mechanism and authorities must process release claims in accordance with the Act and rules. Articles Goods and Services Tax - GST Wed, 25 Dec 2019 10:15:24 +0530 https://www.taxtmi.com/article/detailed?id=8866