Provisional attachment to protect revenue in certain cases

Provisional attachment to protect revenue in certain cases.—

1. (1) Where, during the pendency of any proceedings of assessment or reassessment of any turnover of sales or any claim for refund, the Commissioner is of the opinion that for the purpose of protecting the interest of the revenue, it is necessary so to do, he may, by order in writing, attach provisionally any property belonging to the dealer or any other person on whose behalf the dealer is liable to pay tax, in the manner prescribed.
2. (2) Every such provisional attachment shall cease to have effect after the expiry of a period of one year from the date of the order made under sub-section (1): Provided that, the Commissioner may, for reasons to be recorded in writing, extend the aforesaid period by such further period or periods as he thinks fit, so, however, that the total period of extension shall not in any case exceed two years in the aggregate.