If there is a VAT evasion or complaint, the bank account of the company is very similar to the same The VAT officials also ordered the government to get the money due from the seized accounts.
It cannot be done from now on. This proposal has been made in the budget of the fiscal year 2023-24.
According to the budget proposal, now a VAT officer is a bank account of an organization You can send a letter to the concerned bank for seizure.
But from that account, you cannot deduct the revenue due to the government and submit it to the government treasury.
Talking to VAT officials, it is known that if such VAT-related disputes are resolved, it can also go in favor of the VAT payer and then the money should be returned.
