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VAT - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Quantum of penalty - suppression of taxable turnover - ...


Court Rules 200% Penalty for Suppressing Taxable Turnover Excessive; Reduces to 100% for Fairness in VAT Case.

April 2, 2019

Case Laws     VAT and Sales Tax     HC

Quantum of penalty - suppression of taxable turnover - imposition of penalty at 200% was excessive and levy of penalty at 100% would meet the ends of justice.

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