2016 (12) TMI 511

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....COURT - HC<br>Dated:- 28-11-2016<br>Writ Petition Nos. 23279-326/2015 (T-RES) - -<br>CST, VAT & Sales Tax<br>Vineet Kothari, J. For the Petitioners : Ms. Veena J. Kamath, for Mr. K.J. Kamath, Advocate For the Respondent : Mr. T.K. Vedamurthy, AGA ORDER 1. The writ petitions have been filed assailing the impugned order, Annexure C dated 21/03/2012, purportedly issuing a clarification. 2. The i....

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....ason for determining the rate of tax 14% p.a., nor does it refer to the previous orders passed under Section 60 of the KVAT Act, 2003 by the Advance Ruling Authority fixing the rate of tax at 4% only. Hence, these writ petitions are filed by the petitioners-assessee. 3. After hearing the learned counsel for the parties, this Court is satisfied that the impugned order does not deserve to be sustai....