JUDGMENT

Sanjeev Narula, J. - By way of this appeal under Section 81 of the Delhi Value Added Tax Act, 2004 [hereinafter referred to as ''the Act''] the Appellant seeks interference of this Court in respect of Stay Order No.41-42/ATVAT/19-20- 106-114 dated 27.01.2020 [hereinafter referred to as ''impugned order''] passed by Delhi VAT Appellate Tribunal [hereinafter referred to as ''the Tribunal''], whereby the Appellant has been directed to deposit 10% of the disputed tax demand and interest (amounting to Rs. 12,03,50,412/- and Rs. 8,82,28,495/- respectively) along with 5% of disputed penalty (amounting to Rs. 25,57,46,167/-) involved in the appeal pending before it, for the year 2008-09 [hereinafter referred to as the ''disputed period''].

Brief facts:-

2. The facts of the case, as narrated by the Appellant company in the pleadings are as follows. The Appellant was engaged in local procurement and export of home furnishing products like carpets, dhurries, fabrics, plastic articles, lamps, soft toys, etc. It was conferred the status of a 4-Star Export House by the Government of India, and had obtained registration under the Delhi VAT Act, 2004 to meet its statutory compliances. Duri