TMI Blog2013 (2) TMI 615X X X X Extracts X X X X X X X X Extracts X X X X ..... ESH, SC, HDFC BANK LTD. BY SR GOVERNMENT PLEADER SMT.SHOBA ANNAMMA EAPEN JUDGMENT Proceedings were initiated against the petitioner under Section 47 of the KVAT Act. At that stage, petitioner furnished a bank guarantee for Rs.12,37,250/- and a boat which was detained was released. Finally, adjudication was completed and Ext.P4 order was passed levying penalty. The case of the pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dispose of this writ petition directing that further proceedings in pursuance to Ext.P4 for the encashment of the bank guarantee will stand stayed for a period of one month from today. In the meantime, it will be open to the petitioner to obtain a copy of Ext.P4 and pursue the statutory remedies that are available to them. It is also directed that, if the period of the bank guarantee expires in t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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