https://www.taxtmi.com/caselaws?id=160330 Goods found being transported without accompanying documents were validly seized, because the materials on record were sufficient to sustain the seizure and no revisional interference was warranted on that issue. However, the security demanded at 40 per cent of the goods' value was held excessive, since the applicable circular did not govern a consignment carried without papers and the security had to bear a reasonable relation to the possible tax liability. The security requirement was therefore reduced to 15 per cent of the value of the goods. en-us Tue, 24 Aug 1999 00:00:00 +0530 Mon, 16 Dec 2013 14:03:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160330 Goods found being transported without accompanying documents were validly seized, because the materials on record were sufficient to sustain the seizure and no revisional interference was warranted on that issue. However, the security demanded at 40 per cent of the goods' value was held excessive, since the applicable circular did not govern a consignment carried without papers and the security had to bear a reasonable relation to the possible tax liability. The security requirement was therefore reduced to 15 per cent of the value of the goods. Case-Laws VAT and Sales Tax Tue, 24 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160330