https://www.taxtmi.com/caselaws?id=423354 The HC disposed of a writ petition concerning goods detained in transit under CGST Act. The petitioner had secured vehicle release by providing surety bond and bank guarantee for 100% of penalty. The court ruled that petitioner need only deposit 25% of penalty to avail remedy under Section 107, not the full amount. Upon filing appeal with required deposit, the first respondent must return the bank guarantee/surety bond within ten working days after receiving proof of appeal filing and deposit. All contentions of parties were left open for subsequent proceedings. en-us Fri, 25 Mar 2022 00:00:00 +0530 Thu, 03 Apr 2025 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423354 The HC disposed of a writ petition concerning goods detained in transit under CGST Act. The petitioner had secured vehicle release by providing surety bond and bank guarantee for 100% of penalty. The court ruled that petitioner need only deposit 25% of penalty to avail remedy under Section 107, not the full amount. Upon filing appeal with required deposit, the first respondent must return the bank guarantee/surety bond within ten working days after receiving proof of appeal filing and deposit. All contentions of parties were left open for subsequent proceedings. Case-Laws GST Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423354