https://www.taxtmi.com/caselaws?id=152854 Penalty under section 16(1)(i) of the Rajasthan Sales Tax Act, 1954 was inapplicable where the assessee disclosed its turnover and claimed exemption on a bona fide belief that the goods were garments, not hosiery products. The provision was treated as penal in character and dependent on fraudulent evasion, tax avoidance, or concealment of liability. Because the taxability issue had not been conclusively determined against the assessee in the individual case, the absence of mens rea prevented penalty. en-us Mon, 07 Jan 1980 00:00:00 +0530 Thu, 11 Jul 2013 18:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152854 Penalty under section 16(1)(i) of the Rajasthan Sales Tax Act, 1954 was inapplicable where the assessee disclosed its turnover and claimed exemption on a bona fide belief that the goods were garments, not hosiery products. The provision was treated as penal in character and dependent on fraudulent evasion, tax avoidance, or concealment of liability. Because the taxability issue had not been conclusively determined against the assessee in the individual case, the absence of mens rea prevented penalty. Case-Laws VAT and Sales Tax Mon, 07 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152854