No attachment of bank account after statutory pre-deposit of 10% of the disputed tax demand under Section 107 of the GST Act https://www.taxtmi.com/article/detailed?id=15234 The payment of the statutory 10% pre-deposit under Section 107 creates a deemed stay on recovery proceedings for the purpose of an appeal, and the statutory scheme contains no provision permitting attachment or restraint of bank funds after such pre-deposit; amounts recovered in excess of that pre-deposit should be handled so as to preserve the stay while protecting revenue, including release subject to undertakings ensuring availability of refunded sums pending appeal disposal. en-us Tue, 14 Oct 2025 09:40:03 +0530 Tue, 14 Oct 2025 09:40:03 +0530 TaxTMI RSS Generator No attachment of bank account after statutory pre-deposit of 10% of the disputed tax demand under Section 107 of the GST Act https://www.taxtmi.com/article/detailed?id=15234 The payment of the statutory 10% pre-deposit under Section 107 creates a deemed stay on recovery proceedings for the purpose of an appeal, and the statutory scheme contains no provision permitting attachment or restraint of bank funds after such pre-deposit; amounts recovered in excess of that pre-deposit should be handled so as to preserve the stay while protecting revenue, including release subject to undertakings ensuring availability of refunded sums pending appeal disposal. Articles Goods and Services Tax - GST Tue, 14 Oct 2025 09:40:03 +0530 https://www.taxtmi.com/article/detailed?id=15234