Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Confiscation of goods - invocation of Section 129 - The dealer ...

GST

December 1, 2018

Confiscation of goods - invocation of Section 129 - The dealer has also furnished a security equivalent to the value of the goods. There is, hence, no question of the applicable tax and penalty being not paid, since at any time the bank guarantee could be enforced - the non-production of goods as noticed in the order is not a ground for imposition of penalty

View Source

 


 

You may also like:

  1. The seized vehicle and goods have been released on the strength of such security deposit. Hence, the proceedings taken out u/s 129 are liable to be concluded in view of...

  2. Seizure of detained goods - Absence of E-Way bill - e-way bill-02 furnished immediately within 20 minutes from the time of the detention of the vehicle/goods - Since the...

  3. Release of petitioner goods without collecting any tax or penalty or security u/s 129(1)(c) - discrepancy in E-way bill - The goods and vehicle directed to be released...

  4. Export of goods to Myanmar not exceeding U.S.$ 1000 or its equivalent in value per transaction under the Barter Trade Agreement - Exemption from declaration withdrawn

  5. Cenvat Credit - Demand of an amount equivalent to 10% of the value of the goods cleared by the appellant to SEZ developers - demand is not sustainable - AT

  6. Detention of goods alongwith the vehicle - quantum of security for provisional release of goods - Clauses (a) and (b) deal with the quantification of the penalty, clause...

  7. Release of detained goods - Section 129 of the Central Goods and Services Tax Act - the competent authority is directed to complete the adjudication provided for u/s 129...

  8. Security Waiver to Dealers in Registration. - Notification

  9. Release of goods - The procedure for compliance of the conditions stipulated u/s 67(6) is literally provided under Section 140 of the Central Goods and Services Tax...

  10. Government securities are not securities of a body corporate - service tax liability does not arise on Underwriting Fee or Underwriting Commission received by the...

 

Quick Updates:Latest Updates