https://www.taxtmi.com/caselaws?id=162929 The court upheld the penalty under section 10A for violation of section 10(d) of the Central Sales Tax Act against a TV program company for misuse of C forms. The court rejected the company's argument that the items were used for transmitting TV signals akin to power distribution, finding a violation of the Act. The penalty amount was justified at nine percent of the purchase value, reduced to two-thirds due to mitigating factors and the purpose of compensating for revenue loss. The court clarified that mens rea was not necessary for penalty imposition, emphasizing the aim to address revenue loss from C form misuse. en-us Wed, 08 Nov 2006 00:00:00 +0530 Wed, 19 Mar 2014 11:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162929 The court upheld the penalty under section 10A for violation of section 10(d) of the Central Sales Tax Act against a TV program company for misuse of C forms. The court rejected the company's argument that the items were used for transmitting TV signals akin to power distribution, finding a violation of the Act. The penalty amount was justified at nine percent of the purchase value, reduced to two-thirds due to mitigating factors and the purpose of compensating for revenue loss. The court clarified that mens rea was not necessary for penalty imposition, emphasizing the aim to address revenue loss from C form misuse. Case-Laws VAT and Sales Tax Wed, 08 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162929