1990 (10) TMI 330 - SCH - VAT and Sales Tax

The assessee-respondent having treated kantan and patti to have been sold incidentally as part of baled cotton the High Court was correct in advising the Sales Tax Tribunal to wipe out the penalty of Rs. 3,500 imposed on the respondent for three assessment years 1967, 1968 and 1969. The order of the High Court was passed way back in the year 1974.

Summary

The Supreme Court of India dismissed the appeal regarding a penalty of Rs. 3,500 imposed on the respondent for three assessment years. The Gujarat High Court found that the assessee did not have knowledge of the law, and advised the Sales Tax Tribunal to remove the penalty. The Supreme Court declined to interfere with the High Court's decision, and no costs were awarded.