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2008 (6) TMI 562 - HC - VAT and Sales TaxExtract: .......s allowed in part. Instead of demanding cash security at six per cent on the total value of the goods at Rs. 1,50,000, the goods in question may be released on furnishing security at the rate of six per cent of the value of the goods to the satisfaction of the authority concerned which may be other than cash or bank guarantee. No order as to costs.
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