GST DAILY – 215

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HC directed dept. to remit cash seized during search and seizure operation along with interest to assessee

THE HON’BLE DELHI HIGH COURT IN THE CASE OF JAGDISH BANSAL V/s UNION OF INDIA, decided on 26-2-2024

👉 Issue:-

✔️ Can the Department seize cash under search and seizure operation?

👉 The Hon’ble High Court Judgement:-

✔️ Where a search and seizure operation was carried out at premises of assessee and cash was seized from residential premises and office of assessee, since cash is not ‘goods’, there was no justification for seizure of cash under section 67 and, thus, cash seized by department was to be remitted to assessee along with interest