Goods release ordered upon deposit & bank guarantee amid tax liability dispute.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Interim order directing release of goods upon depositing Rs. 4 lakhs challenged. Considering the order, determined liability of Rs. 22,35,932/- on respondent No. 1, and total goods value of Rs. 12,83,354/-, appeal disposed by upholding the order. Additionally, respondent No. 1 directed to furnish a Bank Guarantee from a Nationalized Bank for Rs. 8,83,354/- in favor of the Joint Commissioner of Commercial Taxes (Vigilance), valid during the pendency of the writ petition. Respondent No. 1 also required to furnish a personal bond of Mr. Chikka Aanjibabu, Proprietor, within two days to enable appellants to release goods and conveyance as per the Single Judge's direction, subject to the writ petition's outcome.....