Vera Display & Storage Products Pvt. Ltd. Vs State Tax Officer
Date: June 13, 2019
Subject Matter
Stay on encashment of Bank Guarantee granted till finalization of matter under Sec 129
Summary
The petitioner apprehends encashment of Bank Guarantee even before the appeal is filed against Ext.P5. To maintain status quo as on date vis-à-vis the Bank Guarantee and also to enable the petitioner to effectively pursue the remed…
Heard Sri P.S. Soman Pulladan, the petitioner’s counsel and Smt. M.M. Jasmin, the learned Government Pleader for the respondents. 2. The petitioner challenges Ext.P5 order made under Section 129 of KSGST Act. Ext.P5 is an appealable order. The petitioner by furnishing Bank Guarantee has obtained release of goods intercepted and detained by the authorities under Section 129. The learned Couns…