Author: bihartaxconsultant

1 [Rule 154. Disposal of proceeds of sale of goods or conveyance and movable or immovable property. – (1) The amounts so realised from the sale of goods or conveyance, movable or immovable property, for the recovery of dues from a defaulter or for recovery of penalty payable under sub-section (3) of section 129 shall,- (a) first, be appropriated […]

Rule 153. Attachment of interest in partnership . – (1) Where the property to be attached consists of an interest of the defaulter, being a partner, in the partnership property, the proper officer may make an order charging the share of such partner in the partnership property and profits with payment of the amount due under […]

Rule 152. Attachment of property in custody of courts or Public Officer . – Where the property to be attached is in the custody of any court or Public Officer, the proper officer shall send the order of attachment to such court or officer, requesting that such property, and any interest or dividend becoming payable thereon, […]

Rule 151. Attachment of debts and shares, etc . – (1) A debt Not secured by a negotiable instrument, a share in a corporation, or other movable property Not in the possession of the defaulter except for property deposited in, or in the custody of any court shall be attached by a written order in FORM GST […]

Rule 150. Assistance by police . – The proper officer may seek such assistance from the officer- in charge of the jurisdictional police station as may be necessary in the discharge of his duties and the said officer-in-charge shall depute sufficient number of police officers for providing such assistance.

Rule149. Prohibition against sale on holidays . – No sale under the rules under the provision of this chapter shall take place on a Sunday or other general holidays recognized by the Government or on any day which has been notified by the Government to be a holiday for the area in which the sale is […]

Rule 148. Prohibition against bidding or purchase by officer . – No officer or other person having any duty to perform in connection with any sale under the provisions of this Chapter shall, either directly or indirectly, bid for, acquire or attempt to acquire any interest in the property sold.

Rule 147. Recovery by sale of movable or immovable property . – (1) The proper officer shall prepare a list of movable and immovable property belonging to the defaulter, estimate their value as per the prevalent market price and issue an order of attachment or distraint and a Notice for sale in FORMGST DRC- 16 prohibiting any transaction […]

Rule 146. Recovery through execution of a decree, etc. – Where any amount is payable to the defaulter in the execution of a decree of a civil court for the payment of money or for sale in the enforcement of a mortgage or charge, the proper officer shall send a request in FORM GST DRC- 15 to […]

1 [ Rule 144A. Recovery of penalty by sale of goods or conveyance detained or seized in transit.- (1) Where the person transporting any goods or the owner of such goods fails to pay the amount of penalty under sub-section (1) of section 129 within fifteen days from the date of receipt of the copy of the order passed […]