https://www.taxtmi.com/caselaws?id=413136 The Court found in favor of the petitioner, emphasizing the need for a fair opportunity to deposit tax and penalty before confiscation proceedings. It highlighted the independence of provisional release under Rule 140(1) from final confiscation, directing the release of seized goods if conditions were met. The Court instructed the petitioner to challenge the confiscation order before the Appellate Authority, stressing timely resolution of appeals and prohibiting encashment of any Bank Guarantee until final appeal disposal. The petitioner was granted provisional release pending appeal proceedings, with the writ petition and stay application disposed of accordingly. en-us Mon, 17 May 2021 00:00:00 +0530 Tue, 05 Oct 2021 08:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413136 The Court found in favor of the petitioner, emphasizing the need for a fair opportunity to deposit tax and penalty before confiscation proceedings. It highlighted the independence of provisional release under Rule 140(1) from final confiscation, directing the release of seized goods if conditions were met. The Court instructed the petitioner to challenge the confiscation order before the Appellate Authority, stressing timely resolution of appeals and prohibiting encashment of any Bank Guarantee until final appeal disposal. The petitioner was granted provisional release pending appeal proceedings, with the writ petition and stay application disposed of accordingly. Case-Laws GST Mon, 17 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413136