https://www.taxtmi.com/caselaws?id=251613 Under section 48(7) of the U.P. VAT Act, 2008, security demanded at the seizure stage must be linked to the probable tax liability and not imposed mechanically at the statutory maximum. The Allahabad HC noted that although the provision allows security up to a like amount, the authority must apply mind to the facts and circumstances of the alleged evasion. On the facts, the demand based on 40% of the consignment value was not sustained in full and was reduced to four times the tax that may ultimately be found evaded. en-us Mon, 21 Jul 2014 00:00:00 +0530 Sat, 20 Sep 2014 10:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251613 Under section 48(7) of the U.P. VAT Act, 2008, security demanded at the seizure stage must be linked to the probable tax liability and not imposed mechanically at the statutory maximum. The Allahabad HC noted that although the provision allows security up to a like amount, the authority must apply mind to the facts and circumstances of the alleged evasion. On the facts, the demand based on 40% of the consignment value was not sustained in full and was reduced to four times the tax that may ultimately be found evaded. Case-Laws VAT and Sales Tax Mon, 21 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251613