SC to consider: Whether cash can be seized during GST search under Section 67 of CGST Act

The Supreme Court in the case Commissioner Of CGST Delhi West And Ors. Versus Gunjan Bindal And Anr will consider the issue as to whether authorities can seize 'cash' under Section 67 of the Central Goods and Services Tax Act, 2017.

The bench comprising of Justice PS Narasimha and Justice Sandeep Mehta was hearing the present matter.

The bench in the case observed and has issued notice wherein the petition is filed by tax authorities assailing Delhi High Court's direction for refund of seized cash to the respondents.

FACTS OF THE CASE:

The petitioner-authorities conducted a search at the residential premises of the respondents under Section 67 of the CGST Act.

In course of the same, they found cash amounting to Rs.1,15,00,000/- which could not be satisfactorily explained by the respondents, and seized it.

On the other hand, the respondent in the case requested that the same be released to them, but to no avail.