https://www.taxtmi.com/caselaws?id=443278 Section 67(2) CGST Act was construed as not authorising seizure of cash merely on the allegation that it is "unaccounted"; applying the HC's binding precedent on the point, the seized currency was directed to be released. As to the taxpayer's request to adjust a voluntarily deposited amount against future liability, the Court noted the tax authority did not admit refundability; it therefore declined to order adjustment, clarified that the authority may proceed in accordance with law regarding the deposit, and that the taxpayer may seek refund through an appropriate application, with limitation for any such proceedings excluding the period of pendency of the writ. Petition allowed. en-us Tue, 22 Aug 2023 00:00:00 +0530 Mon, 12 Jan 2026 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443278 Section 67(2) CGST Act was construed as not authorising seizure of cash merely on the allegation that it is "unaccounted"; applying the HC's binding precedent on the point, the seized currency was directed to be released. As to the taxpayer's request to adjust a voluntarily deposited amount against future liability, the Court noted the tax authority did not admit refundability; it therefore declined to order adjustment, clarified that the authority may proceed in accordance with law regarding the deposit, and that the taxpayer may seek refund through an appropriate application, with limitation for any such proceedings excluding the period of pendency of the writ. Petition allowed. Case-Laws GST Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443278