https://www.taxtmi.com/caselaws?id=160614 Penalty under section 12(5) of the Tamil Nadu General Sales Tax Act was held not time-barred because the penalty notice was issued within the five-year limitation period, and timely initiation of proceedings was sufficient even though the final order was passed later. On merits, the assessee could not avoid penalty by filing a revised return, since the omitted turnover was not accompanied by payment of the corresponding tax and the liability arose when the goods were received. The explanation that invoices had not yet been received did not excuse nondisclosure of purchase turnover in the monthly returns. The challenge to the penalty therefore failed and the revision order sustaining it was upheld. en-us Mon, 03 Apr 2000 00:00:00 +0530 Fri, 20 Dec 2013 17:38:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160614 Penalty under section 12(5) of the Tamil Nadu General Sales Tax Act was held not time-barred because the penalty notice was issued within the five-year limitation period, and timely initiation of proceedings was sufficient even though the final order was passed later. On merits, the assessee could not avoid penalty by filing a revised return, since the omitted turnover was not accompanied by payment of the corresponding tax and the liability arose when the goods were received. The explanation that invoices had not yet been received did not excuse nondisclosure of purchase turnover in the monthly returns. The challenge to the penalty therefore failed and the revision order sustaining it was upheld. Case-Laws VAT and Sales Tax Mon, 03 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160614