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of <h1>Guidelines for Provisional Property Attachment Under Finance Act Section 73C: Safeguards for Revenue in Tax Cases.</h1> The circular outlines guidelines for the provisional attachment of property under Section 73C of the Finance Act, 1994, to safeguard revenue interests during pending proceedings under Sections 73 or 73A. Provisional attachment can only occur post-issuance of a Show Cause Notice. The process requires a proposal from the Central Excise Officer to the Commissioner, who may approve the attachment if justified. The attachment is limited to cases involving service tax or CENVAT credit over Rs. 25 lakh and is valid for six months, extendable up to two years. Personal property used for business is exempt, and the attachment must not exceed the demand amount.
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