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TMI Blog2021 (4) TMI 504X X X X Extracts X X X X X X X X Extracts X X X X ..... statements made by the counsel appearing for the Petitioner and the Revenue states that if that be so, the petitioner may be able to operate the bank account, for the amounts over and above the amount of revenue of ₹ 78.91 crores - At this stage, learned senior counsel for the petitioner submits that fixed deposit of the amount of ₹ 78.91 crores may be considered. It may be in the int ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x Intelligence, Mumbai ( DGGI ) provisionally attaching petitioner s bank accounts maintained with respondents No. 5 and 6. 2. Learned senior advocate Mr. Rafiq Dada appearing along with Mr. Vikram Nankani, learned senior advocate, submits that a very drastic order has been passed affecting the petitioner severely stating that the petitioner has a staff of about 800-1000 employees. They have to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... services taxes by the petitioner. It transpires that the petitioner has received taxable services from a concern located outside India without any consideration as per schedule I of C.G.S.T Act, 2017 and as such the petitioner would be liable to pay tax on import of services. He further refers to certain statements and submits certain aspects have also come to the fore lending substance to the pur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vocate Mr. Jetly on instructions from the officers present in the court states that the revenue has no particular objection on aforesaid arrangement as long as the revenue interest is secured. 6. The counsel for the banks notes the aforesaid position and having regard to the statements made by the counsel appearing for the Petitioner and the Revenue states that if that be so, the petitioner may ..... X X X X Extracts X X X X X X X X Extracts X X X X
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