https://www.taxtmi.com/caselaws?id=162727 Dealings in cashewnuts were held to bring the petitioner within the statutory definition of "dealer" under the Kerala General Sales Tax Act, 1963, because the records showed sales and receipt of sale proceeds, while the claim of acting only as an intermediary lacked supporting material; the transactions were therefore exigible to tax, and the plea that they were inter-State was rejected for want of proof. On penalty, the discretionary power under section 45A had to be exercised reasonably, and the long delay, absence of independent enquiry, limited material, and bona fide belief on tax liability justified moderation; the penalty was accordingly reduced as excessive. en-us Wed, 02 Jun 2004 00:00:00 +0530 Thu, 13 Mar 2014 12:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162727 Dealings in cashewnuts were held to bring the petitioner within the statutory definition of "dealer" under the Kerala General Sales Tax Act, 1963, because the records showed sales and receipt of sale proceeds, while the claim of acting only as an intermediary lacked supporting material; the transactions were therefore exigible to tax, and the plea that they were inter-State was rejected for want of proof. On penalty, the discretionary power under section 45A had to be exercised reasonably, and the long delay, absence of independent enquiry, limited material, and bona fide belief on tax liability justified moderation; the penalty was accordingly reduced as excessive. Case-Laws VAT and Sales Tax Wed, 02 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162727