Case Law Details
M/s. Modern Insecticides Limited Vs State Of Punjab And Others (Punjab and Haryana High Court)
Section 129(1)(c) of the Act provides that goods can be released on furnishing of security as prescribed. Section 129(2) of the Act provides for application of Section 67(6) of the Act, which in turn has been referred to in Rule 140 prescribing the bond and the bank guarantee to be furnished.
Considering the fact that the legal issues sought to be raised by the petitioners need examination in detail by the GST Council and the goods detained are still in custody of the Departments concerned, we deem it appropriate to direct the respondents to release the goods on furnishing of security other than bank guarantee or cash. The needful be done within one week. As there is no dispute regarding identity of the goods, the release shall not be treated as provisional.
FULL TEXT OF THE HIGH COURT ORDER / JUDGMENT
In terms of the order passed on 17.10.2018, Mr.M.P.Singh, IAS, ACS(T) and Mr.Vivek Partap Singh, IAS ETC, Punjab; Mr.Sanjeev Kaushal, IAS, Addl.Chief Secretary, E&T Department, Government of Haryana and Ms.Ashima Brar, IAS, Excise & Taxation Commissioner, Haryana are present in person in Court.
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