Cash Not Stock-in-Trade Cannot Be Seized Under GST Law: Gujarat HC

Bharatkumar Pravinkumar And Co. Vs State of Gujarat (Gujarat High Court) In this case, the Gujarat High Court considered a writ petition filed under Article 226 of the Constitution challenging the action of the authorities in not releasing cash amounting to ₹69,98,400 seized from the petitioners. The petitioners, a partnership firm engaged in courier services and registered under the GST Act, sought return of the seized cash along with interest, contending that the seizure and continued retention were contrary to law. The background facts indicate that silver bars belonging to the petitioner...