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Court Allows Lifting of Bank Account Attachment u/s 83 CGST Act with Rs. 1.25 Crore Bank Guarantee.

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....Provisional attachment of bank accounts - Section 83 of the CGST Act - If the writ-applicant is ready and willing to furnish the bank guarantee to the extent of ₹ 1.25 Crore of Bank of India or ICICI Bank, then, in such circumstances, it is ordered that the provisional attachment may no longer continue - HC....