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2014 (9) TMI 638

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..... s ready and willing to furnish personal bond for the compounding fee, without prejudice to his rights. The petitioner without prejudice to his rights and contentions, shall pay a sum of ₹ 50,440/- (Rupees fifty thousand four hundred and forty only) being onetime tax, as demanded in the impugned notice, and insofar as the compounding fee of ₹ 1,00,880/-, he shall offer personal bond to the satisfaction of the respondent, both within a period of one week from the date of receipt of copy of this order and on such compliance, the respondent is directed to release the goods detained, in terms of the impugned notice, forthwith - Decided partly in favour of assessee. - Writ Petition No. 19233 of 2014 and M.P.No.1 of 2014 - - - Date .....

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..... th the said representation, has also enclosed on line E-Sugam for transporting the goods from their Office to the buyer's place as per Karnataka VAT Rules, and also the invoice for their reference and therefore, prayed for release of the goods. Since the representation submitted by the petitioner, has not been favoured with any kind of response, he has filed this writ petition praying for the writ of certiorarified mandamus to quash the impugned notice dated 15.7.2014, and further direct the respondent to release the goods detained, without insisting on payment of onetime tax and two times compounding fee. 5. The learned Counsel appearing for the petitioner, would submit that the representation to the impugned notice submitted by the .....

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..... s rightly issued the impugned notice. It is the further submission of the learned Additional Government Pleader that the petitioner may be directed to pay the tax as demanded in the impugned notice, and so far as the compounding fee is concerned, he may be directed to furnish bank guarantee. 8. The learned Counsel appearing for the petitioner, while answering the said submission, would submit that without prejudice to his rights and contentions, the petitioner is ready and willing to pay onetime tax and in respect of compounding fee, he is ready to furnish personal bond and has also drawn the attention of this Court to the provisions of Section 67(4) of the Tamil Nadu Value Added Tax Act, 2006, and would submit that as per the said provi .....

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