HC: Refrains from interfering with confiscation proceedings, orders release of goods on conditions

Gujarat HC refrains from interfering with the adjudication proceedings initiated w.r.t. confiscation of goods u/s 130 of the CGST Act, however grants relief to the Assessee so as to protect its goods from getting damaged and directs payment towards tax penalty; Further directs Assessee to furnish a Bank Guarantee of any Nationalized Bank to the tune of 50% of value of goods and thereby orders Revenue to release the goods when both the conditions are complied with by the Asses...