2016 (4) TMI 879

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.... (PER : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. The petitioner is a transporter. The petitioner's truck carrying scrap has been detained by the respondent authorities at Bagodara mobile checkpost on the allegations of evasion of value added tax. The petitioner has therefore, applied for release of such vehicles with goods on appropriate conditions. 2. Respondent no.3 has filed affidavit po....

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.... the goods may be released. We notice that under section 68(5) of the Value Added Tax Act, the Deputy Commissioner has the power to release such goods pending assessment on such conditions of depositing tax and penalty or furnishing security as may be found fit. 5. We notice that on the valuation of goods noted above, there would be a possible tax liability of approximately Rs. 16,000/at 5% and m....