2026 (4) TMI 1569

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.... HIGH COURT - TMI<br>ANDHRA PRADESH HIGH COURT - HC (Judgement / Order / Decisions)<br>Dated:- 7-4-2026<br>Writ Petition No. 30465/2025 - -<br>GST<br>HONOURABLE SRI JUSTICE R RAGHUNANDAN RAO AND HONOURABLE SRI JUSTICE T.C.D. SEKHAR Counsel for the Petitioner : Gopu Rohith Counsel for the Respondent(S): GP For Commercial Tax GP For Registration And Stamps PER HON'BLE SRI JUSTICE R. RAGHUN....

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....tioner had also filed an appeal against the order of assessment, dated 02.08.2025, the respondent authorities were permitted to retain a sum of Rs.25 Crores approx. as a pre-deposit of 10% of the disputed tax, required under Section 107 of the GST Act. A further condition was also imposed that the petitioner would maintain a minimum balance of Rs.220 Crores out of the sale consideration received b....

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....appears to be a short-fall of Rs.7.5 Crores. 5. The learned counsel for the petitioner, on the other hand, would contend that the sale transaction between the petitioner and its purchaser has collapsed on account of the delay caused by the action of the tax authorities and as such the further amounts payable to the petitioner have not been paid by the purchaser. He would submit that the conside....