HC: Provisional attachment order ‘mechanical’, vacates attachment of five bank accounts

Gujarat HC quashes the attachment order passed under section 83 of the GST Act, regarding five bank accounts of assessee holding it as not valid as “cogent or credible material” was not present for “subjective satisfaction” of Revenue; Declares that action of passing attachment order in absence of any cogent or credible material amounts to malice in law; Notes that proceedings were launched against the assessee u/s 74(1) to determine the tax or any other amount due an...