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Court Denies Release of Detained Goods and Vehicle Without Bank Guarantee u/s 129 of CGST Act.

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Full Text of the Document

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....Release of goods alongwith the vehicle - expiry of the time stipulated in the E-way bill - section 129 of CGST Act - there are no reason to accede to the appellant-writ petitioner’s request for release of the vehicle and the goods on merely furnishing an indemnity bond - goods to be released only on furnishing a bank guarantee.....