HC : Directs release of attachment over bank accounts subject to requirement of minimum balance

Gujarat HC directs release of bank accounts of the petitioner provisionally attached vide notices issued u/s 83 of Gujarat Goods and Services Tax Act, 2017; Requires Revenue to explain the expediency and rationale behind ordering attachment of all the bank accounts while virtually bringing petitioner’s business to a grinding halt; Finds that petitioner has paid duty and tax to the tune of more than Rs. 100 crore in the last year therefore he is not a fly by night operator; ...