Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2016 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (4) TMI 609 - HC - VAT and Sales TaxWaiver of pre-deposit - Pre-deposit asked to grant stay of recovery of 70% disputed amounts - Manufacture of defence producta - Held that:- it would be serving the purpose of both the State and the petitioner if a compromise could be arrived at in the petitioner being directed to deposit atleast 10% of the demand amount before 31st March 2016 and furnishing of a bank guarantee for the remaining 20% of the demand, subject to the result of the appeal. Accordingly, the Appellate Authority is directed to receive the same and proceed in accordance with law. - Petition disposed of
|