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2017 (10) TMI 183 - HC - VAT and Sales TaxAttachment of bank accounts, stock and Finished Goods - it was alleged that the petitioner is engaged in the bogus billing activities and had been dealing with purchasers whose registration have been cancelled - Section 45 of the VAT Act - Held that: - Sub-section (2) of section 45 of the Act, in plain terms, ensures that the life of a provisional attachment order does not extend beyond a period of one year. Therefore, unless the order of provisional attachment is withdrawn, recalled, set aside or merges into some final order earlier, the same would cease to have effect at the end of a period of one year - the impugned orders of attachment were passed on 07.09.2016 and 08.09.2016. In terms of sub-section (2) of section 45, therefore they would become ineffective - appeal allowed.
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