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M/s Prahlad Metal Company Versus State of Punjab and others

2015 (8) TMI 395 - PUNJAB & HARYANA HIGH COURT

Detention 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 .....

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uarantees 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. - CWP No. 12141 of 2015 (O&M) - Dated:- 11-6 .....

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espondents to release the goods being carried in the trucks bearing Nos. PB-23J-7141 and NL01-G-9846, which were detained by respondent no. 2 on 12.5.2015. The petitioner claimed that the goods were purchased by him from M/s Satguru Enterprises, Moha .....

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oods were not released, even though on 26.5.2015, the petitioner had furnished two bank guarantees for a total sum of ₹ 6,13,839 i.e. 30% of the value of the goods shown in the bills being ₹ 10,23,631/- and ₹ 10,22,505/-, Annexures .....

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