Court Rules Seized Currency Must Be Returned; Section 67(2) of GST Act Misapplied for Unaccounted Assets. https://www.taxtmi.com/highlights?id=71714 Seeking release of seized currency - Power u/s 67(2) of GST Act to seize unaccounted money - applying the principle of purposive interpretation, the power u/s 67 of the Act cannot be read to extend to enable seizure of assets on the ground that the same are not accounted for. - Money directed to be returned back - HC en-us Mon, 28 Aug 2023 08:18:38 +0530 Mon, 28 Aug 2023 14:49:07 +0530 TaxTMI RSS Generator Court Rules Seized Currency Must Be Returned; Section 67(2) of GST Act Misapplied for Unaccounted Assets. https://www.taxtmi.com/highlights?id=71714 Seeking release of seized currency - Power u/s 67(2) of GST Act to seize unaccounted money - applying the principle of purposive interpretation, the power u/s 67 of the Act cannot be read to extend to enable seizure of assets on the ground that the same are not accounted for. - Money directed to be returned back - HC Highlights GST Mon, 28 Aug 2023 08:18:38 +0530 https://www.taxtmi.com/highlights?id=71714