https://www.taxtmi.com/caselaws?id=447423 The Karnataka HC dismissed a writ appeal regarding adjustment of excess deposits under SVLDR. The petitioner sought adjustment of excess amounts deposited for one period against demands for another period. The court held that SVLDR permits mutual adjustment of disputed pre-deposits by the same assessee for different periods relating to the same subject matter, despite separate declarations being required for each period. The court found no specific prohibition against consolidating cases for adjustment purposes. Since the declarant remains the same person across different periods, deposits for one period can be adjusted against demands for another period. The departmental circular supported such adjustments, and the court found no infirmity in the impugned order. en-us Sat, 25 Nov 2023 00:00:00 +0530 Tue, 26 Dec 2023 08:36:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447423 The Karnataka HC dismissed a writ appeal regarding adjustment of excess deposits under SVLDR. The petitioner sought adjustment of excess amounts deposited for one period against demands for another period. The court held that SVLDR permits mutual adjustment of disputed pre-deposits by the same assessee for different periods relating to the same subject matter, despite separate declarations being required for each period. The court found no specific prohibition against consolidating cases for adjustment purposes. Since the declarant remains the same person across different periods, deposits for one period can be adjusted against demands for another period. The departmental circular supported such adjustments, and the court found no infirmity in the impugned order. Case-Laws Central Excise Sat, 25 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447423