9911796707
TMI Blog2022 (8) TMI 977X X X X Extracts X X X X X X X X Extracts X X X X ..... The provisions of Section 129 of the Central Goods and Services Tax Act, 2017 dealing with detention, seizure and release of goods and conveyances in transit, permit the release of the goods upon payment of penalty, equal to 200 percent. The petitioner, on instructions, submits that the petitioner is willing to furnish a bank guarantee, in terms of the provisions of Section 129(1)(a) of the Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at effect. 2. In light of the endorsement made, W.P.No.21525 of 2022 stands dismissed as withdrawn, however granting liberty as sought for to enable the petitioner to file an appeal before the first Appellate Authority. Appeal, if filed within a period of two (2) weeks from today, shall be taken on file without reference to limitation, if it is beyond the time limit, but ensuring compliance wit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ision, to the extent to which it is relevant, reads as under:- 129. Detention, seizure and release of goods and conveyances in transit (1). Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while they are in transit in contravention of the provisions of this Act or the rules made thereunder, all such goods and conveyance used as a m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the way of the respondent accepting the bank guarantee. 6. Thus, the petitioner is granted liberty to furnish bank guarantee in terms of Section 129(1)(a) of the Act, upon furnishing of which impugned order dated 28.06.2022, will stand quashed. The consignment in question will be released within 48 hours from time and date when the bank guarantee is furnished to the respondent. 7. W.P.No ..... X X X X Extracts X X X X X X X X Extracts X X X X
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