The property of a taxable person provisionally attached be released under the following circumstances: (a) Where the property attached is of perishable or hazardous nature, and if the taxable person pays an amount equivalent to the market price of such property or the amount that is or may become payable by him, whichever is lower, then such property shall be released forthwith by an order in Form GST DRC-23, on proof of payment.
(b) Any person whose property is attached may, within 7 days of such attachment, file an objection to the effect that the property attached was or is not liable to be attached, and the Commissioner may, release the said property by an order in Form GST DRC-23 after giving an opportunity of personal hearing to the person filing the objection.
(c) The Commissioner may, upon being satisfied that the property was, or is no
longer liable for attachment, release such property by issuing an order in Form GST DRC-23.
(ICAI FAQ PUBLICATIONS 06-09-2017 Provisional attachment to protect the revenue in certain cases : FAQ NO. 56)