2018 (5) TMI 1781 - HC - VAT and Sales Tax

Pre-deposit - in the regular appeal filed against the order of penalty, the petitioner has already paid 12.5% of the penalty - Held that - The writ petition is disposed of directing the petitioner to pay another sum equivalent to 12.5% of the penalty demanded within a period of four (4) weeks from today. If such deposit is made, the recovery of the balance of penalty shall stand stayed until disposal of the main appeal arising out of penalty and arising out of assessment.

Summary

The High Court of Telangana & Andhra Pradesh ordered the petitioner to pay 12.5% of the penalty demanded within four weeks for stay of penalty collection pending appeal. The court granted stay after petitioner paid 25% of the tax demanded.