https://www.taxtmi.com/caselaws?id=150436 Section 8(2) of the Madhya Pradesh General Sales Tax Act, 1958 was treated as conferring discretion both on the imposition of penalty and on its quantum, subject to judicial principles. The commentary states that a bona fide default does not bar penalty under this provision, and that a nominal penalty may still be imposed where the circumstances justify it, including delay in payment and resulting loss of interest to the revenue. The Board of Revenue's imposition of an additional Rs. 5,000 penalty was described as having a judicial basis and not being arbitrary. en-us Thu, 28 Sep 1972 00:00:00 +0530 Thu, 16 May 2013 17:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150436 Section 8(2) of the Madhya Pradesh General Sales Tax Act, 1958 was treated as conferring discretion both on the imposition of penalty and on its quantum, subject to judicial principles. The commentary states that a bona fide default does not bar penalty under this provision, and that a nominal penalty may still be imposed where the circumstances justify it, including delay in payment and resulting loss of interest to the revenue. The Board of Revenue's imposition of an additional Rs. 5,000 penalty was described as having a judicial basis and not being arbitrary. Case-Laws VAT and Sales Tax Thu, 28 Sep 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150436