GST DAILY – 328 : SC dismissed SLP against order directing to return seized cash as purpose of Section 67 is not recovery of tax

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THE HON’BLE SUPREME COURT OF INDIA IN THE CASE OF Commissioner of CGST V/s Deepak Khandelwal , decided on 14-8-2024

👉 Issue:-

✔️ Can Section 67 is empowered for recovery of tax.?

👉 The Hon’ble High Court Judgement:-

✔️ Search and Seizure proceedings – Seizure of cash and silver bars recovered during search not sustainable as these were not subject matter of supply and evasion of tax. Purpose of Section 67 of GST law was not recovery of tax but to empower authorities to unearth evasion.

Section 67 of Central Goods and Services Tax Act, 2017