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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Penalty for failure to collect or pay commodities transaction tax: unpaid tax or daily penalty capped at unpaid tax.</h1> The provision penalises an assessee who fails to collect or to remit the commodities transaction tax: failure to collect attracts a penalty equal to the tax not collected, payable alongside the tax and any statutory interest; failure to remit attracts a continuing daily penalty alongside the tax and interest, subject to a cap that the total penalty may not exceed the unpaid tax.

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