High Court has the power to reduce or waive the amount of pre-deposit paid at the time of filing the appeal due to financial hardship faced by the Assessee


Last updated: 18 December 2023

Court :
Punjab and Haryana High Court

Brief :
The Hon'ble Punjab and Haryana High Court in the case of M/s. Shiva TexFabs Ltd. v. State of Punjab and Ors. [CWP 2650 of 2022 dated October 3, 2023] reduced the amount of pre-deposit required under the Punjab Value Added Tax Act, 2005 ("the Punjab VAT Act") from twenty-five percent to ten percent due to financial hardship faced by the Petitioner thereby holding that, the High Court has inherent powers under Article 226 of the Constitution to waive or reduce the pre-deposit amount required at the time of filing the appeal. 

Citation :
CWP 2650 of 2022 dated October 3, 2023

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Bimal Jain
Published in VAT
Views : 682



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