2018 (8) TMI 213 - SCH - VAT and Sales Tax

Sale of pledged articles taken as a security - Dealer or not? - levy of tax and penalty - Held that - Issue Notice - Until further orders payment of tax/penalty amount by the petitioner shall remain stayed.

Summary

The Supreme Court of India, in a judgment by Mr. Ranjan Gogoi and R. Banumathi JJ., condoned the delay, issued notice, and stayed the payment of tax/penalty by the petitioner until further orders. (Citation: 2018 (8) TMI 213 - SC Order)