Cash-credit account cannot be attached by Revenue being not debt
Court :
Calcutta High Court
Brief :
The Hon'ble Calcutta High Court, in the case of J. L. Enterprises v. Assistant Commissioner, State Tax [W.P.A. No. 12132 of 2023 dated May 25, 2023] held that cash-credit facility is not a debt, thus cannot be attached through provisional attachment order.
Citation :
W.P.A. No. 12132 of 2023 dated May 25, 2023
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Bimal Jain
Published in GST
Views : 1140
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