https://www.taxtmi.com/caselaws?id=151201 Penalty under sections 10(d) and 10A of the Central Sales Tax Act was held inapplicable where goods were purchased on C forms for use in ship-building works contracts, because the use amounted to a technical contravention rather than a deliberate misuse. The decisive factor was the existence of reasonable excuse: the declaration matched the registration certificate, the assessee honestly believed the certificate permitted such use, prior objection by the authorities was absent, and no intent to evade liability was shown. The revisions were dismissed and the assessee's bona fide conduct protected it from penalty. en-us Tue, 30 Mar 1976 00:00:00 +0530 Sat, 01 Jun 2013 15:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151201 Penalty under sections 10(d) and 10A of the Central Sales Tax Act was held inapplicable where goods were purchased on C forms for use in ship-building works contracts, because the use amounted to a technical contravention rather than a deliberate misuse. The decisive factor was the existence of reasonable excuse: the declaration matched the registration certificate, the assessee honestly believed the certificate permitted such use, prior objection by the authorities was absent, and no intent to evade liability was shown. The revisions were dismissed and the assessee's bona fide conduct protected it from penalty. Case-Laws VAT and Sales Tax Tue, 30 Mar 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151201