https://www.taxtmi.com/highlights?id=27042 Release of the bank guarantee - once the assessment order is set aside by the Appellate Authority, the security relating to the demand comes to an end. Once the assessment order is set aside, there is no requirement for the assessee to continue to furnish security or in the instant case, the bank guarantee. - HC en-us Sun, 24 Jan 2016 18:49:30 +0530 Sun, 24 Jan 2016 18:49:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27042 Release of the bank guarantee - once the assessment order is set aside by the Appellate Authority, the security relating to the demand comes to an end. Once the assessment order is set aside, there is no requirement for the assessee to continue to furnish security or in the instant case, the bank guarantee. - HC Highlights VAT and Sales Tax Sun, 24 Jan 2016 18:49:30 +0530 https://www.taxtmi.com/highlights?id=27042