https://www.taxtmi.com/caselaws?id=431599 In an appeal under the A.P. Value Added Tax Act, 2005, the stay power under Section 33(6)(a) operates independently of the statutory pre-deposit required for admission of the appeal. Compliance with the pre-deposit does not automatically secure stay of recovery of the remaining disputed tax, because the stay authority may impose terms and conditions it considers fit. The court also noted that further verification of records justified the exercise of discretion. On that basis, the additional condition requiring deposit of 25% of the disputed tax was held to be within statutory discretion and the challenge to the stay order failed. en-us Mon, 12 Dec 2022 00:00:00 +0530 Fri, 16 Dec 2022 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431599 In an appeal under the A.P. Value Added Tax Act, 2005, the stay power under Section 33(6)(a) operates independently of the statutory pre-deposit required for admission of the appeal. Compliance with the pre-deposit does not automatically secure stay of recovery of the remaining disputed tax, because the stay authority may impose terms and conditions it considers fit. The court also noted that further verification of records justified the exercise of discretion. On that basis, the additional condition requiring deposit of 25% of the disputed tax was held to be within statutory discretion and the challenge to the stay order failed. Case-Laws VAT and Sales Tax Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431599