Kerala State Goods & Services Tax Act, 2017 — Acceptance of Bank Guarantee for release of consignment detained under Section 129 of the SGST Act — Clarification and instructions issued — Regarding

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....-3-2022 Subject :     Kerala State Goods & Services Tax Act, 2017 - Acceptance of Bank Guarantee for release of consignment detained under Section 129 of the SGST Act - Clarification and instructions issued - Regarding I. Clarification has been sought from the field formations regarding the acceptance of Bank Guarantee for the release of consignment detained under Se....

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....ls have been filed under section 107, the Bank Guarantees shall be forwarded to the respective Bank for encashment only after the lapse of the statutory appeal time. In case where an appeal has been filed under Section 107, the Bank Guarantee shall only be forwarded to the respective Bank for encashment based on the outcome of the said appeal. The proper officers are instructed to enter the det....

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....nee, Consignor, Transporter and the Person in Charge of the Vehicle to carry the requisite documents as per the Act. The word used is "where any person transport the goods". As per Section 129(1) of the KSGST Act, 2017, all such goods and conveyance used as a means of transport for carrying the said goods are liable for detention and seizure. The liability to pay tax and penalty lies on the per....