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VAT - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Mandatory penalty under sales tax - The legislature thought it ...


Supreme Court Upholds Fixed Penalty Rate for Sales Tax Violations, Eliminating Discretion for Reduction.

September 23, 2012

Case Laws     VAT and Sales Tax     SC

Mandatory penalty under sales tax - The legislature thought it fit to specify a fixed rate of penalty and not give any discretion in lowering the rate of penalty. - No relief to assessee - SC

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