Arvind Goyal CA Vs Union of India
Date: January 19, 2023
Subject Matter
Cash cannot be seized u/s 67(2) as it is neither "goods" nor considered "useful for or relevant to any proceedings"
Summary
A plain reading of Section 67(2) of the CGST Act indicates that the seizure is limited to goods liable for confiscation or any documents, books or things, which may be "useful for or relevant to any proceedings under this Act". Cash does no…
1. The petitioners have filed the present petition, inter alia , praying as under: “(a) direct the Respondents to deposit balance sum of Rs.1,04,00,000/- taken away on 04.12.2020 during search, from the Petitioner No.2 premises and possession, and be kept in the interest-bearing fixed deposit in the name of Registrar General of this Hon’ble Court during the pendency of present writ pet…