Section 129 of CGST Act, 2017 : Section 129: Detention, Seizure And Release Of Goods And Conveyances In Transit

Explanation using Example

Imagine a scenario where a truck is transporting a consignment of electronic goods from one state to another in India. During a routine check, the transport authorities stop the truck and find that the driver does not have the proper invoices or tax documents required under the GST law. This is a contravention of the GST Act and rules.

The authorities then detain the truck along with the electronic goods. As per Section 129 of the Central Goods and Services Tax Act, 2017, the owner of the goods has the following options:

• If the owner comes forward, they can get the truck and goods released by paying the applicable tax and a penalty equal to 100% of the tax payable on the goods. If the go...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.