Section 130 of CGST Act contemplate release of goods on payment of fine in lieu of confiscation

State Tax Officer Vs Y. Balakrishnan (Kerala High Court) Conclusion: In present facts of the case, the Hon’ble High Court dismissed the Review Petition and  it was observed that the provisions of section 130 of the Act contemplate release of goods on payment of fine in lieu of confiscation at two stages (i) during the process of adjudication, under section 130(2) and, (ii) post-adjudication under section 130(3) of the Act. Facts: In present facts of the case a Review Petition was filed by the State Tax Officer, leading to seminal questions on the scope and ambit of the powers of release of ...