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VAT - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

The order of provisional attachment is one year from the date of ...


Provisional Attachment under VAT Act Section 45 Expires After One Year; Bank Accounts and House No Longer Attached.

February 4, 2020

Case Laws     VAT and Sales Tax     HC

The order of provisional attachment is one year from the date of the order made under sub-section (1) of Section 45 of the VAT Act, 2003 - In such circumstances, the three bank accounts as well as the residential house cannot be said to be in any sort of attachment. This fact should be brought to the notice of the three banks.

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