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2014 (4) TMI 757 - SC - VAT and Sales TaxPre-deposit - Stay of Judgment & Order - A.P. Tax on Entry of Goods into Local Areas Act, 2001 - Correctness of the common judgment and order passed by the High Court - Constitutional validity of the A.P. Tax on Entry of Goods into Local Areas Act, 2001 - Interim relief - Held That:- The operation of the impugned judgment and order is stayed subject to the appellants depositing 50% of the accrued tax liability/arrears and furnish bank guarantee for the balance amount – The deposit shall be made after adjusting the amount(s) paid or deposited during the pendency of the Writ Petition before the High Court – Decided in Favour of assessee.
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