TMI Blog2018 (5) TMI 2088X X X X Extracts X X X X X X X X Extracts X X X X ..... appeals, stay was granted on condition of predeposit of 15% to 20% of the tax demand. The petitioner shall deposit 15% of the principal tax demand of CST as well as State VAT latest by 25.05.2018 - Upon such deposit, the petitioner's appeal will be entertained on merits treating the requirement of predeposit having been satisfied. Pending such appeal, there shall be stay against further rec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 018 raising CST and State VAT demand of ₹ 13.54 crores and ₹ 16.92 crores (rounded off). Period of limitation for challenging such order is 60 days from the date of receipt of the order. Before such period was over, the respondents started coercive recovery, in furtherance of which, the petitioner's bank accounts came to be attached. 3. In view of such strong measures taken by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appeals were filed. Pending such appeals, stay was granted on condition of predeposit of 15% to 20% of the tax demand. 4. Learned counsel for the petitioner submitted that appeal is filed by now along with application for stay and waiver of predeposit. 5. In facts of the present case therefore, we provide a similar condition of predeposit in the present petition itself, subject to fulfillmen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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