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2015 (8) TMI 395 - HC - VAT and Sales TaxDetention of goods - Learned counsel for the State submitted that the bank guarantee having been furnished, the vehicles and the goods detained shall be released immediately - Held that:- In terms of undertaking given by learned counsel for the State that the vehicles and goods in question shall be released to the petitioner forthwith. However, considering the fact that there is no justification available for detention of goods from 26.5.2015 onwards after the petitioner had furnished the bank guarantees to the tune of 30% of the value of the goods shown in the invoices in terms of Section 51(6) of the Punjab VAT Act 2005, the petitioner shall be entitled to costs - Decided in favour of assessee.
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