GST: SC Remands Punjab Goods Confiscation Case for Reconsideration

State of Punjab & Ors. Vs Jagseer Singh (Supreme Court of India) Supreme Court addressed appeals in the case of State of Punjab & Ors. vs. Jagseer Singh, concerning confiscated goods and vehicles under the Central Goods and Services Tax (CGST) Rules, 2017. The High Court had granted interim relief to the respondents by allowing the release of goods and vehicles upon depositing only 25% of the demanded amount and furnishing personal surety bonds for the balance. The State argued that such relief jeopardized revenue recovery as no proper bank guarantee was secured. The appellant-State hi...