https://www.taxtmi.com/caselaws?id=396415 In writ jurisdiction, the High Court moderated an interim deposit condition attached to a stay order, holding that the requirement of a 30% deposit could be reduced in light of the prevailing lockdown, lack of normal business activity, and difficulty in mobilising funds within the stipulated time. Although the statutory condition under Section 55(4) of the Kerala Value Added Tax Act, 2003 was not strictly applicable to the second appeal, the Court treated it as a relevant guide and reduced the deposit to 20%, allowing payment in two instalments. The Tribunal appeal remained pending subject to compliance. en-us Thu, 04 Jun 2020 00:00:00 +0530 Sat, 04 Jul 2020 09:33:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396415 In writ jurisdiction, the High Court moderated an interim deposit condition attached to a stay order, holding that the requirement of a 30% deposit could be reduced in light of the prevailing lockdown, lack of normal business activity, and difficulty in mobilising funds within the stipulated time. Although the statutory condition under Section 55(4) of the Kerala Value Added Tax Act, 2003 was not strictly applicable to the second appeal, the Court treated it as a relevant guide and reduced the deposit to 20%, allowing payment in two instalments. The Tribunal appeal remained pending subject to compliance. Case-Laws VAT and Sales Tax Thu, 04 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396415