Cash Credit Account Not Provisionally Attachable under GST: Calcutta HC

J.L. Enterprises Vs Assistant Commissioner State Tax (High Court Calcutta) In a significant judgement, the Calcutta High Court has held that cash credit accounts cannot be provisionally attached under the Goods and Services Tax (GST) regime. The case of J.L. Enterprises Vs Assistant Commissioner State Tax dealt with the critical question of whether an order of provisional attachment could be made to a cash credit account, providing clarification on the issue. Analysis: The court highlighted the importance of interpreting the rules of the Central Goods and Services Tax Act 2017 correctly. The r...