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VAT - Highlights / Catch Notes

Home Highlights February 2022 Year 2022 This

Levy of penalty - tax and interest imposed by the petitioner- ...

Case Laws     VAT and Sales Tax

February 18, 2022

Levy of penalty - tax and interest imposed by the petitioner- Assistant Commissioner Commercial Tax has been upheld - Form-C found to be fake and forged - The penalty was rightly imposed upon the Assessee by the Authorities as he (Assessee) furnished inaccurate particulars and he also concealed the transactions of sale and purchase to avoid the payment of Tax. Therefore, the Assessee is liable to pay penalty u/s 61 of the RVAT Act, 2003. - HC

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