HC directs conditional Release of confiscated Areca Nut

Quadri and Company Vs Commercial Tax Officer (Karnataka High Court) Conclusion: Department was directed to release the confiscated Areca Nut on condition specified as it were confiscated due to non-submission of E waybill. The bench modified the conditions imposed by the Single Judge. Held: Assessee-company filed a petition for setting aside the interim orders passed in the writ petitions which the order was purportedly passed relying upon the re-appreciation of transaction value by the Assistant Commissioner of Taxes [Enforcement]. Assessee had also sought a direction from the Commissioner of...