Legal Challenge Succeeds: Partial Bank Account Release Granted with 10% Security in GST Evasion Case
Case-Laws
GST
HC partially allowed the petition challenging provisional attachment of bank accounts for alleged GST evasion. The court found that complete bank account attachment would prejudice the petitioner's business operations. The ruling mandates maintaining a 10% minimum balance as security while the GST evasion matter is adjudicated. The alleged tax evasion amount of Rs. 15.09 cr
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