Confiscated goods and vehicles can be released by depositing 25% of the amount mentioned in the Orderin cash and furnishing a bank guarantee for the balance
Court :
Punjab and Haryana High Court
Brief :
The Hon'ble Punjab and Haryana High Court in the case of M/s. Kanchan Supplier v. State of Punjab and Ors. [Civil Writ Petition No. 1629 of 2024 dated January 24, 2024] held that the Assessee has the right to appeal against the Order. Further, the vehicle and the goods confiscated shall be released upon furnishing 25% of the amount mentioned in the Impugned Order, and the outstanding balance shall be secured by furnishing a bank guarantee.
Citation :
Civil Writ Petition No. 1629 of 2024 dated January 24, 2024
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Bimal Jain
Published in GST
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