Can anyone tell me the exact diffrence between seizure of goods & confiscation of goods?
dishant Bhatt (CA FINAL STUDENT) (158 Points)
22 September 2009Can anyone tell me the exact diffrence between seizure of goods & confiscation of goods?
CA Manish K Dhoot
(CA, B. Com, NCFM, CPCM)
(5015 Points)
Replied 22 September 2009
In seizure goods were returned by Dept
but in confiscation good were not retured. they are kept with dept.
CA CS Bhumika Thakkar
(CA,CS)
(1618 Points)
Replied 22 September 2009
Originally posted by :M @ n!$h | ||
" | In seizure goods were returned by Dept but in confiscation good were not retured. they are kept with dept. |
" |
true...
Anup rathi
(CA FINAL)
(268 Points)
Replied 22 September 2009
Seizure of Goods is for a temporary phase dey are returned as wen the amount which is pending on dem is paid while in confiscation goods are not returned back
dishant Bhatt
(CA FINAL STUDENT)
(158 Points)
Replied 22 September 2009
thank u very much Manish,Bhumika & Anup