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VAT - Highlights / Catch Notes

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Release of seized goods - goods were being transported with a ...


High Court Upholds Tribunal Directive: Release Seized Goods with Invalid Tin Numbers on 10% Deposit Requirement.

March 6, 2017

Case Laws     VAT and Sales Tax     HC

Release of seized goods - goods were being transported with a valid Transit Declaration Form (TDF) - invoices mentioned Tin numbers, which were found to be non-existent - the direction issued by the Tribunal to release the goods upon deposit of 10% amount of the estimated value in cash or bank guarantee cannot be said to be bad in law. - HC

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