TMI Blog2019 (2) TMI 329X X X X Extracts X X X X X X X X Extracts X X X X ..... on of goods and vehicle - Failure to remit tax and penalty u/s 129 of KGST Act, 2017 - Confiscation u/s 130 of the Act justified or not? - Held that:- We are afraid that the time for raising such a contention has not arisen, since as of now the Department has not proceeded under Section 130. On furnishing the Bank Guarantee for tax and penalty as provided under Rule 141 of the Central Goods and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt temporary registration will be permitted. However, the appellant is not ready to make remittance of money as such, but undertakes to furnish Bank Guarantee. 2. Incidentally, learned Counsel Sri.Joseph Prabhakar also raise a contention on the basis of Section 130 of the Kerala Goods and Services Tax Act, 2017 ( Act for short). Whether the failure to remit tax and penalty as provided under Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be released or enforced by the Department. In either case, there does not arise a failure to remit tax and penalty under Section 129 and that would not lead to a proceeding under Section 130. In such circumstance, we are not inclined to keep the matter pending. We, however, make it clear that on furnishing the Bank Guarantee for tax and penalty as provided under Rule 141 of the Central Goods and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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