https://www.taxtmi.com/caselaws?id=753754 Karnataka HC held that cash/currency seized during search and seizure operations does not fall within the expression "things" under Section 67(2) of CGST Act, 2017. The court followed Delhi, Gujarat and Kerala HC precedents, rejecting Madhya Pradesh HC's contrary view in Kanishka Matta case. The seizure order was quashed as respondents failed to record reasons for believing cash was relevant to CGST proceedings and did not complete investigation within reasonable time after seizing Rs. 1,71,07,500. Court directed refund of entire amount with interest to petitioners. en-us Tue, 20 Feb 2024 00:00:00 +0530 Mon, 05 May 2025 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753754 Karnataka HC held that cash/currency seized during search and seizure operations does not fall within the expression "things" under Section 67(2) of CGST Act, 2017. The court followed Delhi, Gujarat and Kerala HC precedents, rejecting Madhya Pradesh HC's contrary view in Kanishka Matta case. The seizure order was quashed as respondents failed to record reasons for believing cash was relevant to CGST proceedings and did not complete investigation within reasonable time after seizing Rs. 1,71,07,500. Court directed refund of entire amount with interest to petitioners. Case-Laws GST Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753754