TMI Blog2019 (4) TMI 1567X X X X Extracts X X X X X X X X Extracts X X X X ..... the sides now are in broad agreement that the vehicle in question can be retained by the petitioner by furnishing a Bank Guarantee for the value of the goods in question on or before 10th April 2019, failing which the official respondents are at liberty to seize and detain the vehicle with the police force and of RTO, if so required. Petition disposed off. - WRIT PETITION NO.107016 OF 2019 (T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that was used for transportation of goods in question and therefore, the order cannot be faltered. 3. Section 129 of the Karnataka Goods and Services Tax Act, 2017, reads as under: 129. Detention, seizure and release of goods and conveyances in transit.- (1) Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the tax amount paid thereon and, in case of exempted goods, on payment of an amount equal to five per cent of the value of goods or twenty five thousand rupees, whichever is less, where the owner of the goods does not come forward for payment of such tax and penalty; (c) upon furnishing a security equivalent to the amount payable under clause (a) or clause (b) in such form and manne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll proceedings in respect of the notice specified in sub-section (3) shall be deemed to be concluded. (6) Where the person transporting any goods or the owner of the goods fails to pay the amount of tax and penalty as provided in sub-section (1) within seven days of such detention or seizure, further proceedings shall be initiated in accordance with the provisions of section 130: ..... X X X X Extracts X X X X X X X X Extracts X X X X
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