Bank Account Freeze Under GST Cannot Continue Beyond One Year: Bombay HC

Yash Metal Impex Pvt. Ltd. & Anr. Vs Principal Commissioner of Central GST (Bombay High Court) The Bombay High Court has declared a provisional attachment of a company’s bank accounts to be legally invalid, ruling that the one-year statutory period for such attachments had long expired. In a direct and concise judgment in the case of Yash Metal Impex Pvt. Ltd. & Anr. vs. Principal Commissioner of Central GST, the court sided with the petitioner, reinforcing the strict time limits imposed on tax authorities by the Central Goods and Services Tax (CGST) Act, 2017. The decision under...