https://www.taxtmi.com/caselaws?id=355288 The Appellate Tribunal CESTAT, Mumbai allowed the appeal of the Revenue against Ralliwolf Limited, setting aside the order lifting the attachment of the property. The Tribunal held that the attachment was valid to protect the Revenue's interest as Ralliwolf Limited retained ownership of the property and had liabilities. Emphasizing the importance of safeguarding Revenue's interests, the decision underscores the necessity of attaching property to recover dues owed by entities retaining ownership, interpreting Section 11 proviso to support the attachment in cases involving financial liabilities. en-us Mon, 11 Dec 2017 00:00:00 +0530 Sat, 28 Apr 2018 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355288 The Appellate Tribunal CESTAT, Mumbai allowed the appeal of the Revenue against Ralliwolf Limited, setting aside the order lifting the attachment of the property. The Tribunal held that the attachment was valid to protect the Revenue's interest as Ralliwolf Limited retained ownership of the property and had liabilities. Emphasizing the importance of safeguarding Revenue's interests, the decision underscores the necessity of attaching property to recover dues owed by entities retaining ownership, interpreting Section 11 proviso to support the attachment in cases involving financial liabilities. Case-Laws Central Excise Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355288