https://www.taxtmi.com/caselaws?id=162354 The tribunal upheld the seizure, valuation, and penalty imposed by the authorities. It determined that the goods were correctly classified as specified goods under the West Bengal Sales Tax Act, 1994. The valuation based on maximum retail price with a 10% deduction was deemed appropriate, and the penalty imposed at the maximum rate of 25% was justified. The applicant's arguments were found lacking in evidence and substance. Consequently, the tribunal dismissed the application without costs. en-us Wed, 24 Mar 1999 00:00:00 +0530 Tue, 25 Feb 2014 14:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162354 The tribunal upheld the seizure, valuation, and penalty imposed by the authorities. It determined that the goods were correctly classified as specified goods under the West Bengal Sales Tax Act, 1994. The valuation based on maximum retail price with a 10% deduction was deemed appropriate, and the penalty imposed at the maximum rate of 25% was justified. The applicant's arguments were found lacking in evidence and substance. Consequently, the tribunal dismissed the application without costs. Case-Laws VAT and Sales Tax Wed, 24 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162354