GST: Provisional Attachment of Demat Accounts Without Opportunity Unjustified – Madras HC

Rajeev Jugalkishor Mundra Vs Commissioner of Goods and services Tax Maharashtra & Anr (Bombay High Court) The case of Rajeev Jugalkishor Mundra Vs Commissioner of Goods and Services Tax, Maharashtra & Anr involved the attachment of Demat accounts of the petitioner, who had resigned as a non-executive director of Vistaar Logistic Pvt. Ltd. in 2019. The Maharashtra tax authorities froze his accounts in 2024 due to alleged unpaid GST liabilities of the company. The petitioner challenged this action, arguing that he had no role in the company’s financial affairs after his resignation and...