TMI Blog2017 (9) TMI 495X X X X Extracts X X X X X X X X Extracts X X X X ..... dealers whose registrations were cancelled, the petitioner’s goods were subjected to interstate sale and therefore correctly taxed at reduced rate would shortly be tested during such assessment - at this stage it would not be correct to allow the authorities to attach the bank accounts for a possibility of total recovery of ₹ 2.81 crores which would include not only the basic tax but also t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les Tax registrations for such purpose. The respondent no. 2 Assistant Commissioner of Commercial Tax passed orders/communications dated 24.11.2016 attaching the petitioner s bank accounts in Karur Vysya Bank, Dena Bank and ICICI Bank, New Delhi for securing the interest of the department for possible tax, interest and penalty demand of ₹ 2.81 crores (rounded off). According to the departm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alled upon the bank to pay up the amount in the account of the petitioner. It is pointed out that simultaneously the said authorities have also attached the petitioner s stock of goods of ₹ 1.31 crores. 3. Counsel for the petitioner submitted that the petitioner had not indulged into any bogus billing activity. The goods had actually been transported. The petitioner has necessary document ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rest of Revenue. 5. As noted, the assessment in case of the petitioner is not yet made. The petitioner s case that even in case of the dealers whose registrations were cancelled, the petitioner s goods were subjected to interstate sale and therefore correctly taxed at reduced rate would shortly be tested during such assessment. However, at this stage it would not be correct to allow the authori ..... X X X X Extracts X X X X X X X X Extracts X X X X
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