https://www.taxtmi.com/caselaws?id=167993 Seized goods were required to be released once the assessee complied with the appellate stay conditions by depositing 15 per cent of the penalty in cash and furnishing security for the balance, because the revenue's interest was then adequately protected. Continued detention after compliance was held unjustified, subject to the security furnished being acceptable to the assessing authority. The goods were therefore directed to be released forthwith, and further retention could not continue after satisfaction of the stay terms. en-us Thu, 01 Dec 2011 00:00:00 +0530 Sat, 10 Jan 2015 20:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167993 Seized goods were required to be released once the assessee complied with the appellate stay conditions by depositing 15 per cent of the penalty in cash and furnishing security for the balance, because the revenue's interest was then adequately protected. Continued detention after compliance was held unjustified, subject to the security furnished being acceptable to the assessing authority. The goods were therefore directed to be released forthwith, and further retention could not continue after satisfaction of the stay terms. Case-Laws VAT and Sales Tax Thu, 01 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167993