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Up vat

(Querist) 10 June 2013 This query is : Resolved 
Dear Experts,

Our goods has been detained by the VAT Officer in UP and a security amount of Rs. 70000 has been deposited by us for for taking possession of the goods.
Now Is the said Security of Rs. 70000 is refundable Or not.
The grounds for detention were discrepancy in form 38 .
Report Abuse
Advocate Ravinder (Expert) 11 June 2013
Will be refundable with bank rate of interest after the completion of the case.

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