2015 (8) TMI 395

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..... question shall be released to the petitioner forthwith. However, considering the fact that there is no justification available for detention of goods from 26.5.2015 onwards after the petitioner had furnished the bank guarantees 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 .....

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..... purchase of goods. Despite this fact, the goods 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 P-1 and P-2, respectively. Learned counsel for the State, on instructions from S. S. Channi, AETC, Mobi .....

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