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TMI BlogComplete seizure process step by stepX X X X Extracts X X X X X X X X Extracts X X X X ..... Complete seizure process step by step X X X X Extracts X X X X X X X X Extracts X X X X ..... e prepared. Thus goods are seized. 3.Vehicle will be impounded. 4. Seized goods along with vehicle will be kept in the Govt. Custody till the provisional release. Show cause notice will be issued for confiscation of goods and vehicle subject to the release witb R.F.Penalty will be imposed. Reply By KASTURI SETHI: The Reply: 1.Panchnama 2.Seizure memo for both goods and Vehicle. 3. Both will be t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aken into the premises of Govt. Office. 4. Goods and vehicle are released provisionally subject to Bond/Bank Guarantee.5.Investigation is done. 6.After completion of investigation, SCN is issued for confiscation of goods along with vehicle and imposition of penalty and R.F. 7. Case is adjudicated. Penalty is imposed upon all offenders that is Owner, dealing person and driver. Hope after this infor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mation every assessee will be careful.
Reply By KASTURI SETHI:
The Reply:
First reply was not posted. It was delayed. So second detailed reply is posted.
Reply By YAGAY and SUN:
The Reply:
Please check Section 10 of the FT(D&R) Act read with Rule15 of FT (D&R) Rules in this regard.
Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
I endorse the views of Shri Sethi. X X X X Extracts X X X X X X X X Extracts X X X X ..... dge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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