Manner and time for recovery of penalty under section 129 [Rule 144A]
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....conveyance * If, fails to pay the amount of penalty [section 129(1)] within fifteen days from the date of receipt of the copy of the order passed [section 129(3)], by the * Person transporting any goods or * the owner of such goods. * Exception:- The detained or seized goods are perishable or hazardous in nature or are likely to depreciate in value with passage of time, the period of fifte....
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....l cancel the process of auction and release such goods or conveyance. * Procedure of the Auction of goods or conveyance * Time period of Auction:- The last day for submission of bid or the date of auction shall not be earlier than fifteen days from the date of issue of the notice under rule 144A(2). * Exception:- it may be earlier in case of detained or seized goods are perishable or hazardo....
TaxTMI
TaxTMI