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VAT - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Suppression of taxable turnover - Misuse of C forms - The theory ...


Dealer Penalized for Suppressing Taxable Turnover and Misusing C Forms with Intent to Deceive.

December 29, 2018

Case Laws     VAT and Sales Tax     HC

Suppression of taxable turnover - Misuse of C forms - The theory as propounded by the dealer that blank forms were handed over to the HPCL is a false statement. - there was sufficient mens rea on the part of the dealer and this can be gathered from their conduct and the Assessing Officer was justified in imposing penalty

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