Shri Shyam Metal Vs Commissioner Of CGST
Date: August 16, 2023
Subject Matter
Currency and other valuable assets cannot be seized solely on the grounds of being unaccounted for
Summary
The context discusses the interpretation and application of Section 67 of the GST Act, which pertains to search and seizure provisions. It explains the definition of "goods" and "securities" as outlined in the Act and the Securiti…
FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT The petitioner has filed the present petition, inter alia, praying that directions be issued to the respondents to unconditionally release the two silver bars (weighing 29.5 Kgs. and 14.5 Kgs. respectively); ₹7,00,000/- Indian currency; and, Mobile Phones, which were seized by the respondents from the residential premises of the petitioner.…