2001 (11) TMI 1033 - HC - VAT and Sales Tax

Summary

The Allahabad High Court reduced a penalty imposed under Section 15-A (1) (o) of the U.P. Trade Tax Act from Rs. 37,217 to Rs. 1,000. The court found that the penalty was unjust as there was no evidence of intent to evade tax while transporting goods without Form 31/32. The penalty orders were quashed, and any amount deposited was to be refunded to the revisionist.