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VAT - Highlights / Catch Notes

Home Highlights July 2022 Year 2022 This

Deletion of penalty - Tribunal erred in deleting the penalty ...


Tribunal Error: Deleted Penalty on Dealer u/s 42(5) OVAT Act; Upholds STO and JCST Orders on VAT Penalty.

July 15, 2022

Case Laws     VAT and Sales Tax     HC

Deletion of penalty - Tribunal erred in deleting the penalty imposable on the dealer under Section 42(5) of the OVAT Act, particularly since it came to the conclusion that the levy of tax on the uncollected VAT amount by the dealer was not excusable and upholding the orders of the STO and the JCST in that regard. - HC

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