(1) Where the proper officer not below the rank of a Joint Commissioner has reasonsto believe that a place of business or any other placeis to be visited for the purposes of inspection or search or, as the case may be, seizure in accordance with the provisions of section 67, he shall issue an authorisation in FORM GST INS- Olauthorising any other officer subordinate to him to conduct the inspection or search or, as the case maybe, seizure of goods, documents. booksor thingsliable to confiscation.
(2) Where any goods, documents, books or things are liable for seizure under sub-section (2) of section 67, the proper officer or an authorised officer shall make an order of seizure in FORM GSTINS-02.
(3) The proper officer or an authorised officer may entrust upon the the owner or the custodian of goods, from whose custody such goods orthings are seized, the custody of such goods or things for safe upkeep and the said person shall not remove, part with, or otherwise deal with the goods orthings except with the previous permission ofsuchofficer.
(4) Where it is not practicable to seize any such goods, the proper officer or the authorised officer may serve on the owner or the custodian of the goods, an order of prohibition in FORMGSTINS-03 that be shall nol remove, part with, or otherwise deal with the goods except with the previous permissionof suchofficer.
(5) The officer seizing the goods, documents, booksor things shall prepare an inventory of such goods or documents or books or things containing, imteralia, description, quantity or unit, make, mark or model, where applicable, and get it signed bythe person from whom such goods or documents or booksor things are seized.
870(2) eames weras, feat 5 sere 2017 r ~ Q) In case the person to whomthe goods is lower, such goodsor, as the case may be,t -(1)The seized goods may be released on a” ds in FORM GSTINS-04 and furnishing of X, interest and penalty
140. Bond and security for release of seized goods.
provisional basis upon execution ofa bondforthe value of the g00 a security in the form of a bank guarantee equivalent to the amount of applicable ta payable.
nder the provisions of this Chapter, the “applicable tax”
Explanation.- For the purposes ofthe rules u avbe and the cess, shall include central tax and State tax or central tax and the Unionterritory tax, as the case m if any, payable under the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017).
were released provisionally fails to produce the goods at the appointed date and place indicated by the proper officer, the security shall be encashed and adjusted against the tax, interest and penalty andfine, if any, payable in respect of such goods.