https://www.taxtmi.com/caselaws?id=150899 Penalty for excess collection of sales tax on freight was held unjustified because fiscal penalty is quasi-criminal and should not be imposed mechanically where the breach is technical, venial, or based on a bona fide belief amid legal uncertainty. The company had collected the amount during an unsettled period and deposited it in the Government treasury, which negatived any inference of deliberate defiance, dishonesty, or conscious disregard of obligation. The penalty was annulled, and the constitutional challenge to section 9-B(3) was left undecided as unnecessary. en-us Fri, 09 Aug 1974 00:00:00 +0530 Fri, 24 May 2013 15:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150899 Penalty for excess collection of sales tax on freight was held unjustified because fiscal penalty is quasi-criminal and should not be imposed mechanically where the breach is technical, venial, or based on a bona fide belief amid legal uncertainty. The company had collected the amount during an unsettled period and deposited it in the Government treasury, which negatived any inference of deliberate defiance, dishonesty, or conscious disregard of obligation. The penalty was annulled, and the constitutional challenge to section 9-B(3) was left undecided as unnecessary. Case-Laws VAT and Sales Tax Fri, 09 Aug 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150899