Section 83 of CGST Act, 2017— Attachment order -- The petitioner challenged the attachment order dated 18th March, 2020 issued by respondent on the ground that it has been issued without jurisdiction. The petitioner submitted that he was willing to offer a bank guarantee to the respondent of a nationalised bank of the amount in dispute. The respondent did not accept the bank guarantee and insisted upon payment in cash of the entire disputed amount. The Petitioner submitted that bank account attached has a credit balance of more than Rs.1 crore and that an appropriate amount can be retained as a security to safeguard the interest of the revenue. On account of debit freeze in the account, the entire business of the Petitioner has come to standstill.
Held that:-The Hon’ble High Court listed the matter on 10th September, 2020. Further, directed the respondent to retain Rs.45 lacs from attached Bank Account, as a security and to provisionally release/ lift the debit freeze, subject to the petitioner first depositing with the respondent a bank guarantee of a nationalised bank for the balance amount.—Uflix Industries Vs. Union of India & Ors.  26 TAXLOK.COM 055 (Delhi)