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2004 (4) TMI 538 - HC - VAT and Sales TaxExtract: .......osed to the amount equivalent to the tax. Looking to the facts and circumstances of the case I think interest of justice would be served if quantum of penalty is reduced to the amount of tax. The consequential amount of penalty is reduced to Rs. 24,200 17.. In the result the revision is allowed in part, as indicated above. Petition allowed in part.
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