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GST - Highlights / Catch Notes

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Release of goods - The procedure for compliance of the ...


Goods Release Under GST Requires Compliance with Section 67(6) and Payment or Security as per Sections 129(2) and 3.

April 17, 2020

Case Laws     GST     HC

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 Rules 2017. Therefore, unless the security as contemplated under Section 129(2), read with Section 67(6), is furnished with; or payment of the entire amount of tax and penalty imposed under Section 3 is made, the goods are not liable to be released. - HC

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