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2017 (11) TMI 133 - HC - VAT and Sales TaxValidity of assessment order - TNVAT Act - requirement of pre-deposit - Held that: - As this Court, in a catena of decisions, directed the assessees to execute a personal bond in lieu of furnishing bank guarantee, is of the view that it would be sufficient if the petitioner furnishes bond for the balance 50% of the tax and penalty instead of bank guarantee - petition allowed in part.
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