Detention & Seizure of Goods/conveyance Section 129

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.... shall be detained or seized without serving an order of detention or seizure on the person transporting the goods. * Penalty in case of Detention or seizure * Goods detained can be released a) In case owner comes forward for the payment of penalty equal to - a) in case of taxable goods , * 200% of tax b) In case of exempted goods, Whichever is less * 2% of value of goods or Rs. 2500....

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....ined under section 129(3) Time limit for passing of order for payment of penalty within 7 days of notice [Section 129(3) read with Rule 142(3) ] * [The proper officer detaining or seizing goods or conveyance shall issue a notice within seven days of such detention or seizure, specifying the penalty payable, and thereafter, pass an order within a period of seven days from the date of service of ....

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....ore the issuance of order under the said sub-section (3), he shall intimate the proper officer of such payment in FORM GST DRC-03 and the proper officer shall issue an intimation in FORM GST DRC-05 concluding the proceedings in respect of the said notice. substituted w.e.f. 01.11.2024 vide N.No. 20/2024-CT dated 08.10.2024] Disposal of goods within 15 days in case of failure to pay the amount of ....