https://www.taxtmi.com/caselaws?id=164772 The pre-deposit condition under section 62(5) of the Punjab Value Added Tax Act, 2005 was treated as satisfied where the detained goods were already in the Department's custody and their value exceeded the amount required to be deposited. The reasoning was that insisting on an additional cash deposit, despite secured goods of greater value being available, would create a further liability beyond the statutory object of the appeal condition. On those facts, the detention of the goods was regarded as sufficient compliance with the pre-deposit requirement, and the appeal could proceed without insistence on the twenty-five per cent deposit. en-us Wed, 05 Aug 2009 00:00:00 +0530 Mon, 03 Nov 2014 19:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164772 The pre-deposit condition under section 62(5) of the Punjab Value Added Tax Act, 2005 was treated as satisfied where the detained goods were already in the Department's custody and their value exceeded the amount required to be deposited. The reasoning was that insisting on an additional cash deposit, despite secured goods of greater value being available, would create a further liability beyond the statutory object of the appeal condition. On those facts, the detention of the goods was regarded as sufficient compliance with the pre-deposit requirement, and the appeal could proceed without insistence on the twenty-five per cent deposit. Case-Laws VAT and Sales Tax Wed, 05 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164772