Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2015 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (6) TMI 1017 - HC - VAT and Sales TaxDemand of tax - Seller of furniture and rubber products - Purchased tyres, tubes and flaps, i.e., rubber products but no stock was found in godown which meant that petitioner had sold off these entire rubber products - Held that:- when a revision has been filed by the petitioner he cannot pursue this remedy of writ. Under the statute the petitioner is bound to deposit 50% of the demand raised and no exceptional reason has been found for why the petitioner should be exempted from depositing 50%. It is to be said so because the petitioner has not denied the transactions but has only stated that he was under the impression that no tax is to be paid. Whether this version of the petitioner is to be believed or not is not for us to decide and the Commissioner shall decide this after hearing the petitioner and/or his counsel. - Petition disposed of
|