1987 (11) TMI 348 - HC - VAT and Sales Tax

Summary

The High Court of Madhya Pradesh dismissed a writ petition challenging the imposition of a penalty on seized goods under the M.P. General Sales Tax Act, 1958. The court directed the petitioners to pursue a pending revision against the penalty order and to maintain the bank guarantee until the revision is disposed of. The court also authorized the revisional authority to decide on the discharge of the bank guarantee. No costs were awarded, and the outstanding security amount was to be refunded to the petitioners.