If the goods so seized are of perishable or hazardous nature, such goods can be released by an order under GST INS-05 only after taxable person pays an amount equivalent to the __________ or things or the amount of tax,
CS Executive · Tax Laws and Practice · PYQS · June 2021
If the goods so seized are of perishable or hazardous nature, such goods can be released by an order under GST INS-05 only after taxable person pays an amount equivalent to the __________ or things or the amount of tax, interest and penalty that is or may become payable by the taxable person, whichever is lower.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: GST
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