https://www.taxtmi.com/caselaws?id=163237 Penalty under section 10(d) of the Central Sales Tax Act was held unsustainable where goods purchased against Form C were not used in manufacture but were sold as such because they were not usable and were likely to be damaged. The assessing authority accepted that explanation as a technical default, found no intention to evade tax or violate the Act, and treated the lapse as supported by reasonable excuse. On those findings, the statutory condition for penalty was not met, and restoration of the full penalty was rejected. en-us Wed, 26 Sep 2007 00:00:00 +0530 Thu, 25 Dec 2014 20:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163237 Penalty under section 10(d) of the Central Sales Tax Act was held unsustainable where goods purchased against Form C were not used in manufacture but were sold as such because they were not usable and were likely to be damaged. The assessing authority accepted that explanation as a technical default, found no intention to evade tax or violate the Act, and treated the lapse as supported by reasonable excuse. On those findings, the statutory condition for penalty was not met, and restoration of the full penalty was rejected. Case-Laws VAT and Sales Tax Wed, 26 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163237