Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2017 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (3) TMI 669 - HC - VAT and Sales TaxImposition of penalty u/s 61 of VAT Act - non-payment of tax - manufacture of Bidi - Held that: - It is an admitted fact that though goods were being sold through challan but it was mentioned “VAT Payable as per Schedule, if applicable as on date”. Therefore, the assessee was not hiding anything from the Revenue. It is also noticed that on perusal of the impugned order that as per notification dt.17.02.2004, the assessee was entitled to deposit the tax on or before 14 days of the close of the month and such notification was in force and therefore the assessee deposited the entire tax on or before 14 days of the close of the month - penalty set aside - appeal dismissed - decided against Revenue.
|