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.
View Source