Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2019 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (7) TMI 650 - HC - VAT and Sales TaxAttachment of bank account - application for condonation of delay - stay of demand - validity of penalty order and order of assessment - Section 25(1) of the KVAT Act - case of petitioner is that either the mere filing of appeal or mere pendency of appeal does not amount to granting stay by the assessing authority - HELD THAT:- A case is made out for issuing necessary directions to second respondent to dispose of the delay condonation petitions and stay petitions in Ext.P3 series. The respondents have issued Ext.P4 bank attachment notice. The petitioner apprehends recovery or realisation of the subject matter of penalty pending before the appellate authority. The petitioner volunteers to pay 20% of the penalty amount demanded, i.e., ₹ 15,55,770/- and permit the petitioner to operate the bank account. The appellate authority/second respondent considers and disposes of Ext.P3 series applications as early as possible, preferably within two months from the date of receipt of copy of this judgment - The respondents are directed not to take coercive steps or recover the amounts determined in the orders under appeal for ten weeks from today.
|