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Pending BIFR or appellate proceedings don't waive pre-deposit under GVAT Act, Section 73(4), High Court rules.

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....Waiver of pre-deposit - GVAT - pendency of BIFR proceedings - if any proceedings are pending before the BIFR or the appellate authority, that by itself not mean that the predeposit requirement under subsection (4) of section 73 of the VAT Act would be obliterated - HC....