https://www.taxtmi.com/caselaws?id=276888 Provisional attachment of bank accounts under section 45 of the Gujarat Value Added Tax Act, 2003 requires the Commissioner to record a reasoned satisfaction based on objective material that such action is necessary to protect revenue. Where the order does not disclose that satisfaction, and the revenue interest is already secured by prior attachment of stock substantially covering the proposed demand, further attachment of bank accounts cannot stand. Reliance on section 44 for recovery of crystallized dues was also misplaced before assessment had been completed. The attachment orders were therefore set aside and the bank accounts directed to be released. en-us Fri, 02 Feb 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276888 Provisional attachment of bank accounts under section 45 of the Gujarat Value Added Tax Act, 2003 requires the Commissioner to record a reasoned satisfaction based on objective material that such action is necessary to protect revenue. Where the order does not disclose that satisfaction, and the revenue interest is already secured by prior attachment of stock substantially covering the proposed demand, further attachment of bank accounts cannot stand. Reliance on section 44 for recovery of crystallized dues was also misplaced before assessment had been completed. The attachment orders were therefore set aside and the bank accounts directed to be released. Case-Laws VAT and Sales Tax Fri, 02 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276888