Owner of the goods for GST Penalty Provision

By | January 4, 2019
(Last Updated On: January 4, 2019)

Who is owner of the goods under GST Act to in case of Detention, seizure and release of goods and conveyances

As per Circular No 76/50/2018 GST Dated 31st December 2018 :

It is hereby clarified that if the invoice or any other specified document is accompanying the consignment of goods, then either the consignor or the consignee should be deemed to be the owner.

If the invoice or any other specified document is not accompanying the consignment of goods, then in such cases, the proper officer should determine who should be declared as the owner of the goods.

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