https://www.taxtmi.com/caselaws?id=164482 Penalty under section 51(7)(c) of the Punjab VAT Act may apply where transported goods bypass the Information Collection Centre and the dealer fails to produce genuine supporting documents, indicating tax evasion. Goods sent from Punjab to Himachal Pradesh were treated as consignment sales rather than non-taxable stock transfers where invoices and other records did not substantiate the claimed transfer. Compliance with prescribed reporting procedures and production of authentic transaction documents remain necessary even where immediate tax liability is disputed; failure may support penal action for established violations. en-us Tue, 09 Mar 2010 00:00:00 +0530 Tue, 14 Oct 2014 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164482 Penalty under section 51(7)(c) of the Punjab VAT Act may apply where transported goods bypass the Information Collection Centre and the dealer fails to produce genuine supporting documents, indicating tax evasion. Goods sent from Punjab to Himachal Pradesh were treated as consignment sales rather than non-taxable stock transfers where invoices and other records did not substantiate the claimed transfer. Compliance with prescribed reporting procedures and production of authentic transaction documents remain necessary even where immediate tax liability is disputed; failure may support penal action for established violations. Case-Laws VAT and Sales Tax Tue, 09 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164482