https://www.taxtmi.com/caselaws?id=157427 Section 14(8) of the Andhra Pradesh General Sales Tax Act, as it stood before the 1 July 1985 amendment, prescribed only a maximum penalty for wilful failure to disclose turnover correctly or to file returns in time, and did not fix any minimum penalty. It also provided a lower ceiling for non-wilful default and no penalty where the failure arose from a bona fide mistake. The Tribunal erred in proceeding on the assumption that a minimum penalty of two times the tax due existed. On that basis, the penalty could not be sustained, and the revisions were allowed with the penalty reduced. en-us Mon, 20 Jun 1994 00:00:00 +0530 Sat, 05 Oct 2013 15:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157427 Section 14(8) of the Andhra Pradesh General Sales Tax Act, as it stood before the 1 July 1985 amendment, prescribed only a maximum penalty for wilful failure to disclose turnover correctly or to file returns in time, and did not fix any minimum penalty. It also provided a lower ceiling for non-wilful default and no penalty where the failure arose from a bona fide mistake. The Tribunal erred in proceeding on the assumption that a minimum penalty of two times the tax due existed. On that basis, the penalty could not be sustained, and the revisions were allowed with the penalty reduced. Case-Laws VAT and Sales Tax Mon, 20 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157427