Format of Provisional Release Order Under CGST Act 2017

PROVISIONAL RELEASE ORDER
(in the form of letter)

To

Subject : Provisional release of seized goods, documents and things under Central Excise Act, 1944 read with Section 174 (2) of the Central Goods and Services Tax Act, 2017 in the case of M/s………………………………………. & others.

Please refer to your letter F. No. ………… seeking provisional release of seized goods, documents and things (seized on ——- under Central Excise Act, 1944 read with Section 174 (2) of the Central Goods and Services Tax Act, 2017.

2. Adjudicating authority hereby allow provisional release of seized goods, documents and things (as per details given below) subject to compliance of following conditions / requirements :

i. Details of goods / documents / things allowed provisional release :
(Description, quantity, estimated value)

ii. Conditions for provisional release :

i. Execution of Bond for the full value/estimated value of the seized goods i.e. Rs —

ii. Furnishing Bank Guarantee or Security Deposit of Rs——- /-;.

iii. …………….(any other conditions, as prescribed by adjudicating authority)

3. Bond referred to in Para above should contain an undertaking that the you will pay the duty, fine and/or penalty as may be adjudged by the Adjudicating Authority, subject to appellate provisions under the Act. Further, where security is furnished by way of Bank Guarantee, the Bank Guarantee should contain a clause binding the issuing bank to keep it renewed and valid till adjudication of the case, or in the event of non­ renewal of Bank Guarantee as above, the guaranteed amount shall be credited to the Government account by the bank on its own.

Name ………………………………

Signature ………………………………

Designation……………………………

Seal of Office.

For Regular Updates Join : https://t.me/Studycafe

Tags : GST, GST Circular, DIN