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2016 (12) TMI 1497 - HC - VAT and Sales TaxDetention of seized truck and goods - non payment of tax dues - Held that: - The Truck is detained since 15th October 2016, therefore, if the truck is kept idle for a longer period, the condition of Truck shall be deteriorating and it shall not be in the interest of either of the parties. Under the circumstances, the truck can be released on the terms stated hereinabove, which the petitioner has agreed to comply with. The petitioner has agreed to pay/deposit a sum of ₹ 20,00,000/= on or before 24th December 2016 and has also agreed to pay balance amount of ₹ 84,08,325/= with interest; if any on the outstanding amount on or before 20th February 2017 - An undertaking affirmed by the Regional Manager and the authorized signatory of the petitioner-Company to the aforesaid extent is also filed - petition disposed off - decided in favor of petitioner.
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