https://www.taxtmi.com/article/detailed?id=10662 Seized goods may be provisionally released only upon execution of a bond in Form GST INS 04 for the value of the goods and furnishing a bank guarantee as security equivalent to the applicable tax, interest and penalty or on payment of those liabilities. If the person to whom goods are provisionally released fails to produce the goods at the appointed time and place, the security shall be encashed and adjusted against the tax, interest, penalty and fine payable in respect of such goods. Seized documents not relied upon for notice must be returned within thirty days, and seized goods must be returned if no notice is given within sixty days subject to authorized extensions. en-us Sat, 03 Sep 2022 08:07:35 +0530 Sat, 03 Sep 2022 08:07:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10662 Seized goods may be provisionally released only upon execution of a bond in Form GST INS 04 for the value of the goods and furnishing a bank guarantee as security equivalent to the applicable tax, interest and penalty or on payment of those liabilities. If the person to whom goods are provisionally released fails to produce the goods at the appointed time and place, the security shall be encashed and adjusted against the tax, interest, penalty and fine payable in respect of such goods. Seized documents not relied upon for notice must be returned within thirty days, and seized goods must be returned if no notice is given within sixty days subject to authorized extensions. Articles Goods and Services Tax - GST Sat, 03 Sep 2022 08:07:35 +0530 https://www.taxtmi.com/article/detailed?id=10662