Goods or the class of goods after its seizure be disposed by the proper officer - S.O.115/P.A.5/2017/S.67/2018 - Punjab SGST

GOVERNMENT OF PUNJAB DEPARTMENT OF EXCISE AND TAXATION (EXCISE AND TAXATION-II BRANCH) NOTIFICATION The 25th July, 2018 No. S.O.115/P.A.5/2017/S.67/2018 .-In exercise of the powers conferred by sub-section (8) of section 67 of the Punjab Goods and Services Tax Act, 2017 (Punjab Act No.5 of 2017) (hereinafter referred to as the said Act), and all other powers enabling him in this behalf, the Governor of Punjab, is pleased to specify the goods or the class of goods (hereinafter referred to as the said goods) mentioned in the Schedule below, which shall, as soon as may be after its seizure under sub-section (2) of section 67 of the said Act, be disposed of by the proper officer, having regard to the perishable or hazardous nature, depreciation in value with the passage of time, constraints of storage space or any other relevant considerations of the said goods, namely:- Schedule (1) Salt and hygroscopic substances (2) Raw (wet and salted) hides and skins (3) Newspapers and periodicals (4) Menthol, Camphor, Saffron (5) Re-fills for ball-point pens (6) Lighter fuel, including lighters with gas, not having arrangement for refilling (7) Cells, batteries and rechargeable batteries (8) Petroleum Products (9) Dangerous drugs and psychotropic substances (10) Bulk drugs and chemicals falling under Section VI of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (11) Pharmaceutical products falling within Chapter 30 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (12) Fireworks (13) Red Sander (14) Sandalwood (15) All taxable goods falling within Chapters 1 to 24 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (16) All unclaimed/abandoned goods which are liable to rapid depreciation in value on account of fast change in technology or new models etc. (17) Any goods seized by the proper officer under section 67 of the said Act, which are to be provisionally released under sub-section (6) of section 67 of the said Act, but provisional release has not been taken by the concerned person within a period of one month from the date of execution of the bond for provisional release. M.P. SINGH, Additional Chief Secretary-cum- Financial Commissioner (Taxation) to Government of Punjab, Department of Excise and Taxation.