https://www.taxtmi.com/caselaws?id=445510 HC held that cash could be seized under CGST Act s.67(2) only if the proper officer had "reason to believe" it was useful or relevant to proceedings under the Act; the record showed the cash was merely sale consideration for silver bars and not treated as stock-in-trade, undermining any basis to treat it as an unexplained GST transaction. HC further held that continued retention beyond six months without issuance of notice attracted s.67(7), mandating return of seized goods/things, and absence of any requisition under Income-tax law did not justify continued custody. Consequently, HC directed immediate release of the seized cash to the petitioner against receipt and allowed the petition. en-us Thu, 26 Oct 2023 00:00:00 +0530 Fri, 26 Dec 2025 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445510 HC held that cash could be seized under CGST Act s.67(2) only if the proper officer had "reason to believe" it was useful or relevant to proceedings under the Act; the record showed the cash was merely sale consideration for silver bars and not treated as stock-in-trade, undermining any basis to treat it as an unexplained GST transaction. HC further held that continued retention beyond six months without issuance of notice attracted s.67(7), mandating return of seized goods/things, and absence of any requisition under Income-tax law did not justify continued custody. Consequently, HC directed immediate release of the seized cash to the petitioner against receipt and allowed the petition. Case-Laws GST Thu, 26 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445510