https://www.taxtmi.com/caselaws?id=332007 A Gujarat HC dealt with the provisional attachment of a bank account under the VAT Act based on a prima facie view that purchases were not genuine and tax may have been evaded while assessment was still pending. The Court found interference justified because the attachment was disproportionate in light of the department's own estimated principal tax exposure and the account was already subject to a minimum balance condition. The attachment order was set aside, but the existing requirement to maintain an unencumbered minimum balance of Rs. 25 lakhs was left unchanged pending completion of assessment or reassessment. en-us Thu, 04 Aug 2016 00:00:00 +0530 Wed, 07 Sep 2016 11:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332007 A Gujarat HC dealt with the provisional attachment of a bank account under the VAT Act based on a prima facie view that purchases were not genuine and tax may have been evaded while assessment was still pending. The Court found interference justified because the attachment was disproportionate in light of the department's own estimated principal tax exposure and the account was already subject to a minimum balance condition. The attachment order was set aside, but the existing requirement to maintain an unencumbered minimum balance of Rs. 25 lakhs was left unchanged pending completion of assessment or reassessment. Case-Laws VAT and Sales Tax Thu, 04 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332007