https://www.taxtmi.com/caselaws?id=161153 The Kerala High Court allowed the appeal filed by the Intelligence Inspector, setting aside the earlier order for unconditional release of detained goods. The Court directed the appellant to release the goods to the respondent upon executing a bank guarantee for 50% of the security amount specified in the notice, pending a decision by the statutory authority. The judgment emphasized the importance of a proper inquiry by the authority to determine the correct tax rate and safeguard the interest of Revenue, balancing the parties' interests involved in the case. en-us Mon, 30 Oct 1995 00:00:00 +0530 Tue, 07 Jan 2014 18:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161153 The Kerala High Court allowed the appeal filed by the Intelligence Inspector, setting aside the earlier order for unconditional release of detained goods. The Court directed the appellant to release the goods to the respondent upon executing a bank guarantee for 50% of the security amount specified in the notice, pending a decision by the statutory authority. The judgment emphasized the importance of a proper inquiry by the authority to determine the correct tax rate and safeguard the interest of Revenue, balancing the parties' interests involved in the case. Case-Laws VAT and Sales Tax Mon, 30 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161153