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Feb 28, 2023 · Section 129 & Section 130 of CGST Act, 2017 – A Detailed Analysis. Explore a comprehensive analysis of Sections 129 & 130 of the CGST Act, 2017. Understand the provisions, rules, and procedures for detention, seizure, and release of goods and conveyances. SECTIONS. Section 68 – Inspection of Goods in Movement.
May 19, 2022 · Section 129 and 130 of the Central goods and services Act, 2017 (CGST Act) are two separate sections, the former dealing with detention, seizure and release of goods and conveyance in transit and later dealing with Confiscation of goods and conveyance and levy of penalty and it was amended by clause no 108 and 109 of Finance Act 2021 and amended...
Sep 29, 2022 · The Proper Officer passed an order of detention under Section 129 of the Central Goods and Service Tax Act, 2017 in Form GST MOV-06. Deputy Director proceeded to issue a notice for confiscation of goods, conveyance, and levy of penalty under Section 130 of the CGST Act, in Form GST MOV-10.
effected to evade payment of tax, he may directly invoke section 130 of the CGST Act by issuing a notice proposing to confiscate the goods and conveyance in FORM GST MOV-10. In the said notice, the quantum of tax and penalty leviable under section 130 of the CGST Act read with section 122 of the CGST Act, and the fine in
Mar 28, 2024 · Chapter XIX (Sections 122 – 138) of the Central Goods and Services Tax Act, 2017 deals with the provisions related to offences and penalties. Section 130 of CGST 2017 provides for confiscation of goods or conveyances and levy of penalty.
"(6) Where the person transporting any goods or the owner of the goods fails to pay the amount of tax and penalty as provided in sub-section (1) within fourteen days of such detention or seizure, further proceedings shall be initiated in accordance with the provisions of section 130:
Aug 27, 2022 · The title of section 129 of the CGST Act, 2017 clearly specify & indicate that it provides for detention, seizure and release of goods and conveyances in transit; on the other hand, the title of section 130 talks about confiscation of goods or conveyances and levy of penalty.
Apr 5, 2023 · What does Section 129 say? Section 129 talks about detention, seizure and release of goods and conveyance in transit where the intent of taxpayer is to evade tax payment. The reference from the law hereby described as below:
(1) Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while they are in transit in contravention of the provisions of this Act or the rules made thereunder, all such goods and conveyance used as a means of transport for carrying the said goods and documents relating to such goods and convey...
Aug 21, 2020 · Provided that no such goods or conveyance shall be detained or seized without serving an order of detention or seizure on the person transporting the goods. Analysis- Section 129 provides for the basis relating to detention of goods or conveyances or both in case of certain defaults under GST law.
