All areas of taxation : Personal Tax, Corporate Tax. | Suggesting legal structure of business entities. | Transactional advisory - optimal deal structure | T
| 74. Procedure for seizure and release of goods/vehicle and disposal of goods by sale M.P. VAT RULES | |
|
74. Procedure for seizure and release of goods/vehicle and disposal of goods by sale
(1) Where any goods or the vehicle alongwith the goods are seized by the check post officer under sub-section (7) of section 57, he shall prepare a list in duplicate of all such goods and or vehicle bearing his own signature, and signature of the transporter and shall take all the measures necessary for their safe custody. One copy of the list shall be given to the transporter.
(2) The notice under sub-section (11) of section 57 shall, as for as may be, be in form 52.
(3) Where any goods and or goods along with the vehicle and or vehicle are released by the check post officer under sub-sections (10),(12) and (13) of section 57 he shall, on payment by the transporter of the goods expenses, if any, incurred by the check post officer for the safe custody of the goods and the incidental charges (which shall be specified in the order) order release of the goods and obtain a receipt therefor from the transporter.
(4) If the amount of penalty imposed under sub-section (13) of section 57 is not paid within thirty days of the service of the order, the check post officer shall serve on the transporter a notice in
form 53 to show cause why the goods or the vehicle along with the goods should not be disposed of by way of sale. (5) On being satisfied that the amount of penalty imposed under sub-section (13) of section 57 has not been paid by the transporter, the check post officer shall proceed to dispose of the goods or the vehicle along with the goods by way of sale.
(6) The order of disposal of the goods or the vehicle along with the goods by way of sale shall be in form 54 and a copy of the order shall be served on the transporter.
(7) The goods and or vehicle required to be disposed of by way of sale under sub-section (15) of section 57 shall be disposed of by way of sale in the manner laid down by or under the Madhya Pradesh Land Revenue Code, 1959 (No.20 of 1959),
|
|
What We Do
Our Services
Indirect Taxes
Advising client on establishment of indirect tax management system, in all areas i.e. GST Audit, Customs, Foreign Trade P
Auditing and Assurance Service
We are blessed with team of qualified chartered accountants highly efficient in auditing and assurance services. Our wide range of services are aimed for financial sta
Accounting Services
We offer highly efficient accounting services which are provided by us for our local, national and international clients. We also offer design, implementation and revi
Societies and Trust Consultanc
We are engaged in providing societies and trust consultancy to our clients. Our wide range of services include formation, registration U/s
Company Law Matters Consultanc
Every company according to the India law need to register with the registrar of companies and it is also necessary with documents for vari
CONSULTATION
Client Login
CONSULTATION
ASK A QUERY
