https://www.taxtmi.com/caselaws?id=233842 In a tax appeal, the High Court considered a challenge to a condition requiring pre-deposit of 40% of the disputed liability for interim stay. The assessment records showed suppression of turnover to the extent of 50%, and the addition was not found to be arbitrary or unsupported. The Court nevertheless treated the petitioner's reliance on the special rebate under Section 12 of the Kerala Value Added Tax Act, 2003, in relation to liability under Section 6(2), as relevant to balancing interim relief. The pre-deposit condition was therefore reduced from 40% to one-third of the disputed liability, and interim stay was granted on that modified condition. en-us Fri, 10 Aug 2012 00:00:00 +0530 Wed, 03 Apr 2013 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233842 In a tax appeal, the High Court considered a challenge to a condition requiring pre-deposit of 40% of the disputed liability for interim stay. The assessment records showed suppression of turnover to the extent of 50%, and the addition was not found to be arbitrary or unsupported. The Court nevertheless treated the petitioner's reliance on the special rebate under Section 12 of the Kerala Value Added Tax Act, 2003, in relation to liability under Section 6(2), as relevant to balancing interim relief. The pre-deposit condition was therefore reduced from 40% to one-third of the disputed liability, and interim stay was granted on that modified condition. Case-Laws VAT and Sales Tax Fri, 10 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233842