https://www.taxtmi.com/caselaws?id=167803 The amended Punjab VAT pre-deposit provision requires 25 per cent of the additional demand, being the difference between tax already deposited and the demand raised, together with penalty and interest if applicable. The 2011 amendment removed earlier ambiguity by clarifying that the statutory minimum is computed with reference to the additional demand, and the Tribunal's direction requiring that deposit was consistent with the amended scheme. The challenge to that direction therefore failed, while time was granted only for compliance with the pre-deposit requirement. en-us Mon, 18 Mar 2013 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167803 The amended Punjab VAT pre-deposit provision requires 25 per cent of the additional demand, being the difference between tax already deposited and the demand raised, together with penalty and interest if applicable. The 2011 amendment removed earlier ambiguity by clarifying that the statutory minimum is computed with reference to the additional demand, and the Tribunal's direction requiring that deposit was consistent with the amended scheme. The challenge to that direction therefore failed, while time was granted only for compliance with the pre-deposit requirement. Case-Laws VAT and Sales Tax Mon, 18 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167803