Updates

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 […]

Rule 145. Recovery from a third person . – (1) The proper officer may serve upon a person referred to in clause (c) of sub-section (1) of section 79 (hereafter referred to in this rule as “the third person”), a Notice in FORM GST DRC-13 directing him to deposit the amount specified in the Notice. (2) Where the third person […]

Rule 144. Recovery by sale of goods under the control of proper officer . – (1) Where any amount due from a defaulter is to be recovered by selling goods belonging to such person in accordance with the provisions of clause (b) of sub-section (1) of section 79 , the proper officer shall prepare an inventory and estimate […]

Rule 143. Recovery by deduction from any money owed . – Where any amount payable by a person (hereafter referred to in this rule as “the defaulter”) to the Government under any of the provisions of the Act or the rules made thereunder is Not paid, the proper officer may require, in FORM GST-DRC-09 , a specified officer […]

1 [ Rule 142A. Procedure for recovery of dues under existing laws. – (1) A summary of order issued under any of the existing laws creating demand of tax, interest, penalty, fee or any other dues which becomes recoverable consequent to proceedings launched under the existing law before, on or after the appointed day shall, unless recovered under that […]

CHAPTER XVIII DEMANDS AND RECOVERY       1 [ Rule 142. Notice and order for demand of amounts payable under the Act. – (1) The proper officer shall serve, along with the (a) Notice issued under section 52 or section 73 or section 74 or section 76 or section 122 or section 123 or section 124 or section 125 or section 127 or section 129 or section 130 , a summary thereof electronically in FORM GST DRC-01 , (b) statement under sub-section […]

Rule 141. Procedure in respect of seized goods . – (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 […]

Rule 140. Bond and security for release of seized goods . – (1) The seized goods may be released on a provisional basis upon execution of a bond for the value of the goods in FORM GST INS-04 and furnishing of a security in the form of a bank guarantee equivalent to the amount of applicable tax, interest […]