Provisional attachment—By this petition, the petitioner has challenged the order of provisional attachment passed by respondent in exercise of powers under section 83 of CGST Act, 2017 whereby the bank accounts of the petitioner has been ordered to be attached.

It was submitted that on account of the attachment over the bank accounts, the petitioner is unable to run its day-to-day affairs smoothly, which is adversely affecting its business. It was urged that the petitioner is not denying its liability to pay the central excise dues and in fact, is ready and willing to pay the same and that the petitioner's request is that the petitioner may be permitted to pay the same in installments and in the meanwhile, the attachment of the bank accounts of the petitioner may be released.

Held that— the court is of the view that the interest of justice would be served if the petitioner is permitted to pay the amount of Rs.55,00,000/- outstanding towards excise dues by way of equal monthly installments within a period of eight months, subject to the petitioner furnishing a bank guarantee for an equal amount towards security of such amount within a period of one month from today.— Perfect Boring Private Limited Vs. Union of India [2019] 9 TAXLOK.COM 013 (Gujarat)