https://www.taxtmi.com/caselaws?id=161498 Penalty under section 45-B of the Madhya Pradesh General Sales Tax Act was held not leviable merely because an assessee exempt from tax collected tax from customers. The issue was treated as governed by an earlier Division Bench ruling, and that principle was applied to sustain the Tribunal's view setting aside the penalty. The operative legal point is that collection of tax by an exempt assessee, by itself, does not attract penalty under section 45-B without more. The reference was answered in favour of the assessee and against the Revenue. en-us Wed, 26 Jun 2002 00:00:00 +0530 Thu, 30 Jan 2014 14:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161498 Penalty under section 45-B of the Madhya Pradesh General Sales Tax Act was held not leviable merely because an assessee exempt from tax collected tax from customers. The issue was treated as governed by an earlier Division Bench ruling, and that principle was applied to sustain the Tribunal's view setting aside the penalty. The operative legal point is that collection of tax by an exempt assessee, by itself, does not attract penalty under section 45-B without more. The reference was answered in favour of the assessee and against the Revenue. Case-Laws VAT and Sales Tax Wed, 26 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161498