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    <title>2014 (7) TMI 1149 - KARNATAKA HIGH COURT</title>
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    <description>The Karnataka Value Added Tax appeal pre-deposit requirement was treated as capable of being met by a bank guarantee where insisting on cash deposit was considered onerous and adequate security could be secured without affecting the appellate process. The dispute on tax liability was left for adjudication on merits, and the appellate remedy remained intact pending decision in accordance with law. Complete waiver of the statutory condition was not granted, but interim relief was given by allowing substitution of the cash deposit with a bank guarantee.</description>
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      <description>The Karnataka Value Added Tax appeal pre-deposit requirement was treated as capable of being met by a bank guarantee where insisting on cash deposit was considered onerous and adequate security could be secured without affecting the appellate process. The dispute on tax liability was left for adjudication on merits, and the appellate remedy remained intact pending decision in accordance with law. Complete waiver of the statutory condition was not granted, but interim relief was given by allowing substitution of the cash deposit with a bank guarantee.</description>
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