https://www.taxtmi.com/caselaws?id=191821 The High Court set aside the Tribunal's order and allowed the appellant to enjoy a stay without pre-deposit during the appeal process. The Court noted discrepancies in denying tax credit based on the cancellation of dealers' registrations with retrospective effect, finding a strong prima facie case in favor of the appellant. The appellant's argument that tax credit should not be denied for purchases made when dealers' registrations were valid was upheld, leading to the decision to grant the stay without pre-deposit. The Court emphasized the need for a prompt hearing of the appeal to ensure a fair resolution. en-us Fri, 15 Feb 2013 00:00:00 +0530 Tue, 25 Apr 2017 16:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191821 The High Court set aside the Tribunal's order and allowed the appellant to enjoy a stay without pre-deposit during the appeal process. The Court noted discrepancies in denying tax credit based on the cancellation of dealers' registrations with retrospective effect, finding a strong prima facie case in favor of the appellant. The appellant's argument that tax credit should not be denied for purchases made when dealers' registrations were valid was upheld, leading to the decision to grant the stay without pre-deposit. The Court emphasized the need for a prompt hearing of the appeal to ensure a fair resolution. Case-Laws VAT and Sales Tax Fri, 15 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191821