2021 (4) TMI 1057 - SCH - VAT and Sales Tax

Validity of assessment order - Transfer of title of goods - seeking direction to First Appellate Authority to hear appeal without insisting for pre-deposit as required under Section 62(5) of the PVAT Act - HELD THAT - Considering the peculiar facts and circumstances of the case on record, in our view, the ends of justice would be met if the respondent is directed to deposit a further sum of ₹ 5 crores within four weeks from today. SLP disposed off.

Summary

The Supreme Court of India directed the respondent to deposit an additional sum of Rs. 5 crores within four weeks. Failure to do so will result in the dismissal of pending appeals. If the money is deposited on time, the appeals should be resolved promptly, preferably within four weeks. Special Leave Petitions and pending applications are disposed of accordingly.