https://www.taxtmi.com/article/detailed?id=10079 Provisional attachment under the GST statutory attachment mechanism is a discretionary power to protect revenue where there is reason to believe transactions were suppressed to evade tax. Misclassification of goods, by itself, does not establish intent to evade tax, especially when the taxable person has cooperated, filed returns based on the chosen classification and offered alternative securities. Authorities must exercise discretion, consider less intrusive measures and furnish reasons before provisionally attaching bank accounts; absent such justification the attachment may be set aside. en-us Thu, 18 Nov 2021 20:33:40 +0530 Thu, 18 Nov 2021 20:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10079 Provisional attachment under the GST statutory attachment mechanism is a discretionary power to protect revenue where there is reason to believe transactions were suppressed to evade tax. Misclassification of goods, by itself, does not establish intent to evade tax, especially when the taxable person has cooperated, filed returns based on the chosen classification and offered alternative securities. Authorities must exercise discretion, consider less intrusive measures and furnish reasons before provisionally attaching bank accounts; absent such justification the attachment may be set aside. Articles Goods and Services Tax - GST Thu, 18 Nov 2021 20:33:40 +0530 https://www.taxtmi.com/article/detailed?id=10079