https://www.taxtmi.com/caselaws?id=189161 In a challenge to recovery of liquor licence fee under the State excise regime, the Supreme Court noted that trade in liquor is a State-conferred privilege and that Article 47 supports strong regulatory control, including towards prohibition. It further stated that interim relief in fiscal matters must protect both parties and that an unconditional stay based only on an undertaking can expose the State to unrecoverable revenue loss if the writ petition fails. The Court therefore treated the balance of convenience as central and required a modified interim arrangement involving payment of half the licence fee with an undertaking for the balance, while recovery remained in abeyance pending final disposal. en-us Mon, 01 May 2006 00:00:00 +0530 Thu, 29 Dec 2016 17:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189161 In a challenge to recovery of liquor licence fee under the State excise regime, the Supreme Court noted that trade in liquor is a State-conferred privilege and that Article 47 supports strong regulatory control, including towards prohibition. It further stated that interim relief in fiscal matters must protect both parties and that an unconditional stay based only on an undertaking can expose the State to unrecoverable revenue loss if the writ petition fails. The Court therefore treated the balance of convenience as central and required a modified interim arrangement involving payment of half the licence fee with an undertaking for the balance, while recovery remained in abeyance pending final disposal. Case-Laws Indian Laws Mon, 01 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189161