2016 (11) TMI 1263

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.... Pranav Trivedi, AGP for the Respondent ORDER ( Per : Honourable Mr. Justice Akil Kureshi ) 1. The petitioner has prayed for a direction to lift the attachment on the goods lying in the warehouse of M/s Edelweiss Integrated Commodity Management Limited, located at Rasana Mota, Taluka:Deesa, District:Banaskantha. Such goods are in the nature of Castor Seeds and were detained by the State V....

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..... In any case, looking to the petitioner's misdemeanors, the goods cannot be released without securing the interest of the Revenue. 4. Undoubtedly, the petitioner has approached the Court leaving little time to respond to present full picture before the Court. Diwali vacation is fast approaching. Under the circumstances, the request for release of goods cannot be granted without fully prote....

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....In the conclusion, the petitioner has also estimated the possible tax, interest and penalty liabilities arising out of such discrepancy in the stock. According to this statement, considering the basic tax, interest and penalty at the maximum rate of 150% of the tax comes to Rs. 1,54,36,314/. He was offered the release of the goods if he was willing to pay such amount. Since he refused to do so, th....