2016 (1) TMI 550

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and that, therefore, would not invite any duty. - Held that:- Upon the petitioner depositing the sum of ₹ 65,000/- lacs for each truck and further providing security to the extent of 25% thereof, the trucks and the goods shall be released. The respondents shall initiate the proceedings for assessment of tax as early as possible and complete the same preferably by 31.03.2016. - Special Civi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in view of Section 68 of the VAT Act. He further submitted that the authorities, therefore, so far not have been commenced the show-cause notice proceedings. The question of possible duty liability, therefore, is not possible to ascertain at this stage. 3. Learned AGP Ms. Vacha Desai relied on the affidavits-in-reply filed today to contend that the department has specific information to believe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X