GST Bank Account Freeze Ends Automatically After One-Year Limit: Bombay HC

Aurosis Enterprises Vs Union of India and another (Bombay High Court) Provisional Attachment Under Section 83 Automatically Ceases After One Year; Assessee Entitled to Operate Bank Account Freely The petitioners bank account was attached provisionally under section 83 of the CGST Act by the DGGI, Pune officers. It was alleged that funds of over Rs.180 crores were parked in the bank account which were part of circular trading leading to fake input tax credit. The said attachment was challenged before the High Court in writ. The Hon’ble Bombay High Court set aside the attachment and allowed th...