https://www.taxtmi.com/caselaws?id=263961 Section 63(4) of the Karnataka Value Added Tax Act requires an appeal to the Appellate Tribunal to be accompanied by proof of payment of 30% of the disputed tax and the prescribed fee, making statutory deposit a condition precedent to entertainment of the appeal. The appellate authority has no discretion to reduce, waive, or substitute that requirement with a bank guarantee unless the statute expressly permits it. An earlier interim direction allowing a bank guarantee did not override the mandatory deposit requirement for the Tribunal appeal, so the requested relief was rejected and the petitioner had to make the statutory deposit before the appeal could proceed. en-us Thu, 30 Oct 2014 00:00:00 +0530 Mon, 14 Sep 2015 07:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263961 Section 63(4) of the Karnataka Value Added Tax Act requires an appeal to the Appellate Tribunal to be accompanied by proof of payment of 30% of the disputed tax and the prescribed fee, making statutory deposit a condition precedent to entertainment of the appeal. The appellate authority has no discretion to reduce, waive, or substitute that requirement with a bank guarantee unless the statute expressly permits it. An earlier interim direction allowing a bank guarantee did not override the mandatory deposit requirement for the Tribunal appeal, so the requested relief was rejected and the petitioner had to make the statutory deposit before the appeal could proceed. Case-Laws VAT and Sales Tax Thu, 30 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263961