Chapter - XVII of CGST Rules, 2017
INSPECTION, SEARCH AND SEIZURE
RULE 141. Procedure in respect of seized goods (corresponding section 67)
(1) Where the goods or things seized are of perishable or hazardous nature, and
if the taxable person pays an amount equivalent to the market price of such
goods or things or the amount of tax, interest and penalty that is or may become
payable by the taxable person, whichever is lower, such goods or, as the case
may be, things shall be released forthwith, by an order in FORM GST INS-05, on
proof
of payment.
(2) Where the taxable person fails to pay the amount referred to in sub-rule (1)
in respect of the said goods or things, the 1[proper
officer] [helldod old[Commissioner] helldod] may dispose of such
goods or things and the amount realized thereby shall be adjusted against the
tax, interest, penalty, or any other amount payable in respect of such goods or
things.