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2016 (6) TMI 949 - HC - VAT and Sales TaxWaiver of pre-deposit - Input Tax Credit - genuineness of purchases - GVAT - Held that:- Tribunal while passing impugned order has required the appellant to deposit a sum of ₹ 1.02 crores. The apellant had first approached the Appellate Authority who had also dismissed the appeal on pre-deposit and not on merits. Considering such factsand other relevant aspects of the matter, we find that pre-deposit requirement of more than ₹ 1.02 crores is excessive. - the appellant has already deposited ₹ 25,00,000/- before the Government. - The appellant company is directed to deposit an amount of ₹ 50 lacs with the department within a period of six weeks from today and upon such deposit, the Deputy Commissioner, Commercial Tax is directed to hear and dispose of the appeal of the appellant on its own merits - Decided partly in favor of appellant.
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