https://www.taxtmi.com/caselaws?id=788602 Bank guarantee furnished only to secure release of detained goods and conveyance could not be insisted upon once the taxpayers had obtained release, succeeded before the first appellate authority, and shown a consistent GST compliance record. The record of regular registration, timely return filing, and substantial tax payments over several years was treated as sufficient to protect the revenue's interest in the peculiar facts of the case. The endorsements requiring continued security were therefore unsustainable and were set aside, and the bank guarantees were directed to be returned. en-us Tue, 10 Mar 2026 00:00:00 +0530 Wed, 25 Mar 2026 08:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788602 Bank guarantee furnished only to secure release of detained goods and conveyance could not be insisted upon once the taxpayers had obtained release, succeeded before the first appellate authority, and shown a consistent GST compliance record. The record of regular registration, timely return filing, and substantial tax payments over several years was treated as sufficient to protect the revenue's interest in the peculiar facts of the case. The endorsements requiring continued security were therefore unsustainable and were set aside, and the bank guarantees were directed to be returned. Case-Laws GST Tue, 10 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788602