https://www.taxtmi.com/caselaws?id=413754 The High Court directed the petitioner, a private limited company trading in petrochemicals, to deposit 5% of the demanded amount within two weeks in a challenge to an order by the Gujarat Value Added Tax Tribunal. The Court emphasized the need for a reasonable pre-deposit, considering the petitioner's compliance with furnishing evidence in other assessment years and the bona fide nature of the transaction. The First Appellate Authority was instructed to proceed with the matter independently of the High Court's directive. en-us Thu, 23 Sep 2021 00:00:00 +0530 Wed, 20 Oct 2021 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413754 The High Court directed the petitioner, a private limited company trading in petrochemicals, to deposit 5% of the demanded amount within two weeks in a challenge to an order by the Gujarat Value Added Tax Tribunal. The Court emphasized the need for a reasonable pre-deposit, considering the petitioner's compliance with furnishing evidence in other assessment years and the bona fide nature of the transaction. The First Appellate Authority was instructed to proceed with the matter independently of the High Court's directive. Case-Laws VAT and Sales Tax Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413754