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2021 (6) TMI 1167 - HC - VAT and Sales TaxSeeking waiver of the requirement of pre-deposit of 30% of tax as required under Section 62(4)(c)(i) of the Karnataka Value Added Tax Act, 2003 - HELD THAT:- Taking note of the order in STA Nos. 749 & 750/2016, which remains in force and not having been stayed, taking note the peculiar facts of the case including that the petitioner is a Public Sector Undertaking, that for the same products in the assessment proceedings for the year April, 2014 to March, 2015 the Tribunal had ruled that the products are leviable with tax at 5.5.%, it would be appropriate that the deposit for the purpose of consideration of his application for stay under Section 62(4)(c)(i) be waived considering the order in STA Nos. 749 & 750/2016. However, it is clarified that in the event the order in STA Nos. 749 & 750/2016, is set aside in S.T.R.P.No.102/2018, the petitioner would be relegated to the same stage of his interim relief being subject to deposit as contemplated under Section 62(4)(c)(i) of the Act. Accordingly, petition is disposed off while clarifying that the petition is being disposed off only as regards to the limited aspect of deposit to be made for seeking stay under Section 62(4)(c)(i) of the Act.
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