https://www.taxtmi.com/caselaws?id=253103 Where a confiscated vehicle was earlier released on security equal to its assessed value, the authority could recover that security amount through revenue recovery once the owner failed to surrender the vehicle in compliance with the final confiscation order, and the recovery challenge was rejected. Interest on the security amount, however, could run only from the date of the operative confiscation order that gave rise to the liability, not from an earlier notice date. The recovery action was therefore upheld, but the interest demand was confined to the period beginning with the final confiscation order. en-us Tue, 14 Oct 2014 00:00:00 +0530 Fri, 14 Nov 2014 19:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253103 Where a confiscated vehicle was earlier released on security equal to its assessed value, the authority could recover that security amount through revenue recovery once the owner failed to surrender the vehicle in compliance with the final confiscation order, and the recovery challenge was rejected. Interest on the security amount, however, could run only from the date of the operative confiscation order that gave rise to the liability, not from an earlier notice date. The recovery action was therefore upheld, but the interest demand was confined to the period beginning with the final confiscation order. Case-Laws VAT and Sales Tax Tue, 14 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253103