1995 (2) TMI 433 - HC - VAT and Sales Tax

Summary

The High Court of Madras set aside the order of the learned single Judge and quashed the order of the Sales Tax Appellate Tribunal. The petitioner was directed to deposit Rs. 7 lakhs towards the tax assessed and furnish a bank guarantee for the balance amount for the Tribunal to hear and decide the appeal. The recovery of the penalty was suspended until the appeal was disposed of.