2024 (8) TMI 1487 - HC - GST

Initiation of proceedings under Sections 129 and 130 of the KGST Act - release of the confiscated goods - HELD THAT - The rival contentions as regards proceedings initiated/to be initiated under Sections 129 and 130 of the KGST Act after the amendment to the KGST Act with effect from 28/29.09.2021 requires consideration. In the meanwhile, by way of an interim arrangement, the respondents are directed to release the subject goods and conveyance in favour of the petitioner, immediately upon the petitioner depositing a sum of Rs.4 Lakhs with the respondents, which shall be subject to the final outcome of the petition.

Summary

The Karnataka High Court heard arguments regarding the initiation of proceedings under Sections 129 and 130 of the KGST Act. The court directed the release of goods upon the petitioner depositing Rs.4 Lakhs with the respondents. Case to be listed in 'B' group for further consideration.