https://www.taxtmi.com/caselaws?id=162425 Penalty under section 10-A of the Central Sales Tax Act was held unjustified where the purchasing dealer used form C for goods reasonably covered by the registration certificate and acted under a bona fide belief. Steel plates and steel tubes were purchased for repairing machinery, and the certificate referred to spare parts and iron. In the absence of false, fraudulent, or misuse intent, the authorities could not treat the transaction as a penal misuse of form C. The penalty order was therefore set aside and the revision succeeded in favour of the assessee. en-us Fri, 24 May 2002 00:00:00 +0530 Wed, 26 Feb 2014 14:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162425 Penalty under section 10-A of the Central Sales Tax Act was held unjustified where the purchasing dealer used form C for goods reasonably covered by the registration certificate and acted under a bona fide belief. Steel plates and steel tubes were purchased for repairing machinery, and the certificate referred to spare parts and iron. In the absence of false, fraudulent, or misuse intent, the authorities could not treat the transaction as a penal misuse of form C. The penalty order was therefore set aside and the revision succeeded in favour of the assessee. Case-Laws VAT and Sales Tax Fri, 24 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162425