https://www.taxtmi.com/caselaws?id=154237 Security for release of seized goods under section 13-A(6) must be fixed with reference to the maximum penalty legally recoverable for the specific breach alleged. Where the breach is failure to maintain proper accounts relating to the goods, falling within clause (d) of section 15-A(1), the relevant penalty provision is clause (ii), which prescribes a penalty range of not less than fifty per cent and not more than one and a half times the tax sought to be avoided. A penalty under clause (ix), applicable only to cases covered by clauses (o) or (q), cannot be used where those clauses are not attracted. Security fixed by reference to an inapplicable penalty provision is not justified and must be redetermined. en-us Mon, 10 Dec 1984 00:00:00 +0530 Tue, 13 Aug 2013 18:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154237 Security for release of seized goods under section 13-A(6) must be fixed with reference to the maximum penalty legally recoverable for the specific breach alleged. Where the breach is failure to maintain proper accounts relating to the goods, falling within clause (d) of section 15-A(1), the relevant penalty provision is clause (ii), which prescribes a penalty range of not less than fifty per cent and not more than one and a half times the tax sought to be avoided. A penalty under clause (ix), applicable only to cases covered by clauses (o) or (q), cannot be used where those clauses are not attracted. Security fixed by reference to an inapplicable penalty provision is not justified and must be redetermined. Case-Laws VAT and Sales Tax Mon, 10 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154237