https://www.taxtmi.com/caselaws?id=396405 The court ruled in favor of the revenue department, allowing the provisional release of the seized goods upon submission of a bank guarantee equivalent to the applicable tax, interest, and penalty as per Rule 140 of the Central Goods and Service Tax Rules, 2017. The petitioner, a transporter, was required to comply with this rule for the release of the confiscated vehicle. As the petitioner disclaimed ownership of the goods, the revenue department was permitted to auction them. The court disposed of the writ petition accordingly, without issuing any specific orders regarding the goods' owners. en-us Mon, 29 Jun 2020 00:00:00 +0530 Wed, 19 Mar 2025 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396405 The court ruled in favor of the revenue department, allowing the provisional release of the seized goods upon submission of a bank guarantee equivalent to the applicable tax, interest, and penalty as per Rule 140 of the Central Goods and Service Tax Rules, 2017. The petitioner, a transporter, was required to comply with this rule for the release of the confiscated vehicle. As the petitioner disclaimed ownership of the goods, the revenue department was permitted to auction them. The court disposed of the writ petition accordingly, without issuing any specific orders regarding the goods' owners. Case-Laws GST Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396405