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2022 (12) TMI 594 - HC - VAT and Sales TaxStay of demand - Reassessment proceedings were initiated upon audit objection - lack of proper notice in the statutory Form XIV as prescribed in terms of Rule 20 of Bihar Sales Tax Rules, 1983. - Learned counsel for the State prays for and is allowed four weeks’ time to file counter affidavit. Two weeks’ time thereafter is allowed to the petitioner to file reply, if so advised. HELD THAT:- In the meantime, subject to deposit of 20% of the tax of Rs. 6,64,65,700/- in the State Exchequer through challan within a period of 15 days from today, no coercive steps be taken against the petitioner.
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