Provisional attachment orders under GST have a life span of only one year

Greenfinch Team Management P. Ltd Vs Union of India (Telangana High Court) Attachment of bank account of a taxable person is a serious measure which has the effect of not only adversely affecting property rights of such person but is also an intrusion into his privacy. The power being drastic, it has to be exercised by a high authority like the Commissioner. However, the condition precedent for exercise of such power is that proceedings under Sections 62, 63, 64, 67, 73 or 74 should be pending against the taxable person. Further, the Commissioner must also form an opinion that to protect the i...