https://www.taxtmi.com/article/detailed?id=5530 The Supreme Court vacated the stay on implementation and operation of Section 62(5) of the Punjab VAT Act, 2005, while directing that no coercive recovery steps shall be taken in respect of the tax amount in question; this prohibition extends to measures such as TIN locking. The Court also ordered filing of counter-affidavits and rejoinders within short timelines, issuance of fresh notices to unserved respondents, and listing on the specified returnable date. en-us Wed, 19 Mar 2014 11:12:35 +0530 Wed, 19 Mar 2014 11:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5530 The Supreme Court vacated the stay on implementation and operation of Section 62(5) of the Punjab VAT Act, 2005, while directing that no coercive recovery steps shall be taken in respect of the tax amount in question; this prohibition extends to measures such as TIN locking. The Court also ordered filing of counter-affidavits and rejoinders within short timelines, issuance of fresh notices to unserved respondents, and listing on the specified returnable date. Articles Value Added Tax - VAT and CST Wed, 19 Mar 2014 11:12:35 +0530 https://www.taxtmi.com/article/detailed?id=5530