https://www.taxtmi.com/caselaws?id=263801 The auction sale proceeds of seized goods could be adjusted against the assessee's admitted liability, and the excess was required to be released to the assessee within one month. The court noted that the auction to a third party was undisputed and that, on instructions, the State agreed to apply the recovered amount towards the liability and return any balance. In view of this agreement and the undisputed sale, the appeal was disposed of with a direction to the State to make the adjustment and release the surplus within one month of receiving the order copy. en-us Thu, 24 Apr 2014 00:00:00 +0530 Thu, 10 Sep 2015 08:21:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263801 The auction sale proceeds of seized goods could be adjusted against the assessee's admitted liability, and the excess was required to be released to the assessee within one month. The court noted that the auction to a third party was undisputed and that, on instructions, the State agreed to apply the recovered amount towards the liability and return any balance. In view of this agreement and the undisputed sale, the appeal was disposed of with a direction to the State to make the adjustment and release the surplus within one month of receiving the order copy. Case-Laws VAT and Sales Tax Thu, 24 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263801