https://www.taxtmi.com/caselaws?id=339649 The court directed the release of the detained Air Compressor upon the petitioner furnishing a Bank Guarantee equivalent to the imposed tax amount. The petitioner's offer to provide the Bank Guarantee did not waive their right to challenge the tax levy and compounding fee. The court clarified that challenging the tax and fee was separate from submitting the Bank Guarantee. The writ petition was disposed of with no costs awarded, and the connected pending application was closed. en-us Tue, 14 Feb 2017 00:00:00 +0530 Sat, 04 Mar 2017 14:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339649 The court directed the release of the detained Air Compressor upon the petitioner furnishing a Bank Guarantee equivalent to the imposed tax amount. The petitioner's offer to provide the Bank Guarantee did not waive their right to challenge the tax levy and compounding fee. The court clarified that challenging the tax and fee was separate from submitting the Bank Guarantee. The writ petition was disposed of with no costs awarded, and the connected pending application was closed. Case-Laws VAT and Sales Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339649