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2017 (4) TMI 1071 - HC - VAT and Sales TaxInitiation of recovery proceedings pending appeal and stay petitions - sub-section (4) of Section 55 of the KVAT Act, 2003 - Held that: - the statute itself provides for a blanket stay on deposit of 20% of disputed amount of tax along with collected tax. The first appellate authorities then cannot go beyond the 20% as indicated in the proviso - the appellate authorities would consider the stay petitions in accordance with the proviso and the directions hereinabove, and pass orders within a period of two months, in which period the recovery proceedings would be kept in abeyance - petition allowed - decided in favor of petitioner.
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