https://www.taxtmi.com/caselaws?id=171977 Rule 77 of the Rajasthan VAT Rules permits solvent security to safeguard revenue in pending appeal proceedings, and an unexplained departure requiring a bank guarantee was held unsustainable where similar matters had accepted bond and surety security. The writ challenge to the interim stay condition was also found maintainable because the order was not revisable, and the later rectification order did not create a fresh cause of action. The stay condition was modified to allow solvent security instead of a bank guarantee, and early disposal of the appeal was directed. en-us Wed, 25 Jul 2012 00:00:00 +0530 Mon, 06 Mar 2017 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171977 Rule 77 of the Rajasthan VAT Rules permits solvent security to safeguard revenue in pending appeal proceedings, and an unexplained departure requiring a bank guarantee was held unsustainable where similar matters had accepted bond and surety security. The writ challenge to the interim stay condition was also found maintainable because the order was not revisable, and the later rectification order did not create a fresh cause of action. The stay condition was modified to allow solvent security instead of a bank guarantee, and early disposal of the appeal was directed. Case-Laws VAT and Sales Tax Wed, 25 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171977