1993 (8) TMI 288 - HC - VAT and Sales Tax

Summary

The High Court of Madras upheld the penalty imposed on M/s. Ceat Ltd. for a delayed tax remittance of three days, amounting to Rs. 7,720. The penalty was deemed valid under section 24(3) of the Tamil Nadu General Sales Tax Act, 1959. The court dismissed the writ petition challenging the penalty. (Case citation: 1993 (8) TMI 288 - MADRAS HIGH COURT)