THE HON’BLE SRI JUSTICE T. VINOD KUMAR And THE HON’BLE SMT. JUSTICE P.SREE SUDHA WRIT PETITION No.16153 of 2006 ORDER: (Per Hon’ble Sri Justice T.Vinod Kumar Heard learned counsel for the petitioner and learned Special Standing Counsel for Commercial Taxes appearing on behalf of respondents, and perused the record.

2. The case of the petitioner in brief is that it was assessed to tax by the 1^st respondent for the assessment year 2001-02 under the Andhra Pradesh General Sales Tax Act, 1957 ( for short ‘the Act’) vide Assessment Order dated 10-03-2005 determining the tax payable in a sum of Rs.96,15,08,110/- and after giving credit to the tax paid by the petitioner in a sum of Rs.94,90,83,353/-, had issued demand notice in form B-3 for balance tax of Rs.1,24,24,757/-.

3. It is the further case of the petitioner that since the aforesaid order of assessment did not give credit to the amounts of tax paid by the petitioner on 18-07-2002 in a sum of Rs.89,75,585/-, the 1^st respondent authority exercising power under Rule 50 of the APGST Rules had issued rectification of assessment order dated

07-04-2005 giving credit to the aforesaid amounts paid resulting in reduction of balance tax payabl