Rule 141 of CGST Rules 2017: Procedure in respect of Seized Goods

Provisions under Rule 141 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Procedure in respect of Seized Goods”, are as under:

CGST Rule 141: Procedure in respect of Seized Goods (Chapter-XVII: INSPECTION, SEARCH AND SEIZURE) 

(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 amount of tax, interest and penalty that is or may become payable by the taxable person, whichever is lower, such goods or, as the case may be, things shall be released forthwith, by an order in FORM GST INS 05, on proof of payment.

(2) Where the taxable person fails to pay the amount referred to in sub-rule (1) in respect of the said goods or things, the Commissioner proper officer may dispose of such goods or things and the amount realized thereby shall be adjusted against the tax, interest, penalty, or any other amount payable in respect of such goods or things.

Amendments History:

1. The text ‘Commissioner’ in sub-rule (2) substituted with the text ‘proper officer’ vide Central Tax Notification 16/2020 dt. 23/03/2020.

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Note: The CGST Rules 2017 along with the prescribed Forms were initially notified vide Central Tax Notifications 3/2017 dated 19/06/2017 (Rule 1 to 26), 10/2017 dated 28/06/2017 (Rules 27 to 138) and 15/2017 dated 01/07/2017 (Rules 139 to 162). These Rules/ Forms were subsequently amended by CBIC through various Notifications issued from time to time. Information on this page is a Rule-wise compilation of the Amendments made by various Notifications issued by CBIC from time to time, with best possible efforts for accuracy. In any case, E&OE. For official/ updated information, please visit CBIC website.