Attachment of bank account not justified due to availability of sufficient ITC: Madras HC

New Tea Exports Private Limited Vs Assistant Commissioner (ST) (Madras High Court) Madras High Court held that attachment of bank account of the petitioner unsustainable since there is enough Input Tax Credit (ITC) available with the petitioner. Accordingly, directed to de-freeze the bank account. Facts- The petitioner has filed the present writ petition challenging the impugned order dated 19.07.2021 and the impugned recovery notice dated 05.05.2023 passed by the respondent for the assessment year 2017-2018. Notably, it is contested that the petitioner had not received any notice with regard ...