https://www.taxtmi.com/caselaws?id=312359 An earlier un-stayed Tribunal order concerning the same assessee and the same goods had treated the goods as IT products taxable at 5.5%, and that challenge remained pending. In the subsequent assessment, the authority adopted a different view, but the court considered the prior order, the claim for parity in the later year, and the assessee's status as a public sector undertaking. On those facts, the 30% pre-deposit required for stay under the Karnataka Value Added Tax Act was waived, with the clarification that if the earlier Tribunal order is later set aside, the assessee would return to the statutory stage for interim relief. en-us Wed, 23 Jun 2021 00:00:00 +0530 Tue, 13 Feb 2024 17:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312359 An earlier un-stayed Tribunal order concerning the same assessee and the same goods had treated the goods as IT products taxable at 5.5%, and that challenge remained pending. In the subsequent assessment, the authority adopted a different view, but the court considered the prior order, the claim for parity in the later year, and the assessee's status as a public sector undertaking. On those facts, the 30% pre-deposit required for stay under the Karnataka Value Added Tax Act was waived, with the clarification that if the earlier Tribunal order is later set aside, the assessee would return to the statutory stage for interim relief. Case-Laws VAT and Sales Tax Wed, 23 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312359