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2017 (12) TMI 1582 - HC - VAT and Sales TaxRejection of Stay application - The petitioner claimed that it had already made pre-deposit of 25% of the disputed tax before the Tribunal. If during the pendency of the said appeal, the balance disputed tax is recovered in its entirety, the petitioner may suffer serious prejudice - Held that:- In order to balance the interests of both the parties, the respondents are restrained from recovering the balance disputed tax subject to the petitioner paying 50% of the disputed tax within a period of four weeks from today, pending Tax Appeal - While calculating 50% of the disputed tax, the pre-deposit, if any, made by the petitioner shall be given credit to - petition disposed off.
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