Section 141: | Procedure in respect of seized goods

(1) Where the goods or things seized are of perishable or hazardous nature, and if the taxable person pays an amount equivalent to the market price of such goods or things or the amountoftax, interest and penalty that is or may become payable by the taxable person, whichever hings shail be released forthwith, by an order in FORM GST INS- 05, on proof of payment.

nt referred to in sub-rule (1)in respect ofthe said goods ds or things and the amountrealized thereby shall be ble in respect of such goodsorthings.

(2) Where the taxable person fails to pay the amou or things, the Commissioner may dispose of such goo adjusted against the tax, interest, penalty, or any other amount paya

CHAPTER - XVI DEMANDS AND RECOVERY