Cash Not “Goods” Under CGST Act, High Court Rules; Orders Return of Seized Rs. 23,50,000 with Interest.

Case-Laws – GST – Highlights – HC held that currency is not “goods” under the Central Goods and Services Tax Act, 2017. Seizure of Rs. 23,50,000/- cash from petitioner was unlawful u/s 67. HC quashed seizure order and directed respondents to return seize

Cash Not “Goods” Under CGST Act, High Court Rules; Orders Return of Seized Rs. 23,50,000 with Interest.
Case-Laws
GST
HC held that currency is not “goods” under the Central Goods and Services Tax Act, 2017. Seizure of Rs. 23,50,000/- cash from petitioner was unlawful u/s 67. HC quashed seizure order and directed respondents to return seized amount along with applicable interest to petitioner expeditiously. Petition allowed.
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