1982 (3) TMI 221 - HC - VAT and Sales Tax

Summary

The High Court of Orissa ruled on a case involving the Orissa Sales Tax Act, 1947. The court determined that liability did not accrue from April 1, 1972, as the turnover did not exceed Rs. 25,000. Additionally, the imposition of penalty was deemed unjustified as registration was granted retroactively. The court ruled in favor of the assessee on both the assessment and penalty issues.