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VAT - Highlights / Catch Notes

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Waiver of pre-deposit condition or grant right to appeal subject ...

Case Laws     VAT and Sales Tax

February 14, 2024

Waiver of pre-deposit condition or grant right to appeal subject to a part-deposit or security - The Karnataka High Court allowed the petition filed by an infrastructure company, engaged in constructing sub-stations/switchyards, facing financial distress and unable to pay the 30% pre-deposit required for prosecuting its appeal against the tax liability under the Karnataka Value Added Tax Act (KVAT Act). - Appellate Tribunal directed to entertain the appeal and pass appropriate orders on merits without insisting for payment of 30% pre-deposit.

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