https://www.taxtmi.com/caselaws?id=341040 Recovery provisions under the Karnataka Value Added Tax Act, 2003 and the Karnataka Tax on Entry of Goods Act, 1979 were applied to permit recovery from a bank account outside Karnataka where the account was accessible and held money on behalf of the assessee. The Court treated a bank account as attachable property and rejected the argument that territorial limits prevented recovery through electronic banking channels. It also held that the pendency of writ petitions and stay applications did not, by itself, bar recovery proceedings in the absence of an operative stay. The recovery action under both enactments was therefore sustained. en-us Fri, 21 Oct 2016 00:00:00 +0530 Sat, 01 Apr 2017 07:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341040 Recovery provisions under the Karnataka Value Added Tax Act, 2003 and the Karnataka Tax on Entry of Goods Act, 1979 were applied to permit recovery from a bank account outside Karnataka where the account was accessible and held money on behalf of the assessee. The Court treated a bank account as attachable property and rejected the argument that territorial limits prevented recovery through electronic banking channels. It also held that the pendency of writ petitions and stay applications did not, by itself, bar recovery proceedings in the absence of an operative stay. The recovery action under both enactments was therefore sustained. Case-Laws VAT and Sales Tax Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341040