This is article of the series of editorials written by the ADV ACS Jeetam Kumar Saini on Corporate Laws(He also Written many articles Including Companies Act, 2013, SEBI, RBI Regulations, IBC)advocatejeetamsaini@gmail.com - 9785949998
Q- Where AA had seized goods of assesses in transit and also
vehicles and issued on it a notice demanding certain amount of tax, AA was directed
to release goods and vehicle forthwith
on payment of tax as indicated in show cause notice (Partly in favour of
revenue )
CASE
Iqra Roadways (India) V State of U.P(2018)
The adjudicating Authority had seized goods of the assessee
intransit and issued on it a notice demanding certain amount of tax. He had
also seized vehicle.
Held
That since in instant case factual disputed issue were
involved and penalty processing were already initiated, detaining authority was
to be directed to release goods and vehicles forthwith on payment of tax as
indicated in show cause notice.
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