Friday, 14 February 2014

When major part of demand has been accepted by assessee, balance pre-deposit to be waived off, rules

CST & VAT : Where assessee had already made major payments/reversals of credit and, therefore, had deposited definitely more than 25 per cent of actual amount due and payable as required under section 51 of Tamil Nadu VAT, pre-deposit of balance dues was waived


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