Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2017 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (9) TMI 495 - GUJARAT HIGH COURTAttachment of goods and Bank Accounts - bogus billing activities - Inter-state sales - registrations of five dealers to whom the petitioner had sold the goods claiming it to be interstate sale and paying reduced tax were cancelled abinitio - Held that: - The petitioner’s case that even in case of the dealers whose registrations were cancelled, the petitioner’s goods were subjected to interstate sale and therefore correctly taxed at reduced rate would shortly be tested during such assessment - at this stage it would not be correct to allow the authorities to attach the bank accounts for a possibility of total recovery of ₹ 2.81 crores which would include not only the basic tax but also the interest and penalty at the maximum imposable rate - by allowing the attachment of the goods to continue, the orders attaching the petitioner’s bank accounts are set aside - decided partly in favor of petitioner.
|