HC lifts Provisional attachment of bank account along with ITC credit ledger

Advertisement Sai Kripa Confectioneries Vs Union of India (Bombay High Court) Provisional attachment of bank account along with credit ledger account was unblocked on the admission of the Commissioner that there was an error in judgement. Alert made as risky exporter was also removed. The Petitioner challenged the attachment of bank accounts, blocking of credit ledger account and withholding of refund. The Petitioner submitted that the above action of the department is arbitrary. Attachments were made behind the back of the Petitioner. There is “no reason to believe” basis which...