TMI BlogRelease of detained goods alongwith the vehicle - condition of furnishing the Bank Guarantee with bond -...Release of detained goods alongwith the vehicle - condition of furnishing the Bank Guarantee with bond - It is quite clear that second option of furnishing the security for tax, interest and penalty, there will be no requirement for giving the bond in a case where the person has already made payment of tax, penalty and interest. The petitioner has already made payment of tax and penalty as well as furnished the bond and since the petitioner is unable to insist on the Bank Guarantee, when the req..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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