https://www.taxtmi.com/caselaws?id=247682 The High Court allowed the assessee's revisions, ruling that duty drawback received under the Customs and Central Excise Duties Drawback Rules, 1971, could not be included in the taxable turnover under the Tamil Nadu General Sales Tax Act, 1959. The Court also upheld the Tribunal's decision to delete the penalty levied under Section 16(2) of the Act, finding no lack of bona fides on the part of the assessee. en-us Fri, 15 Jul 2011 00:00:00 +0530 Sat, 04 Oct 2014 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247682 The High Court allowed the assessee's revisions, ruling that duty drawback received under the Customs and Central Excise Duties Drawback Rules, 1971, could not be included in the taxable turnover under the Tamil Nadu General Sales Tax Act, 1959. The Court also upheld the Tribunal's decision to delete the penalty levied under Section 16(2) of the Act, finding no lack of bona fides on the part of the assessee. Case-Laws VAT and Sales Tax Fri, 15 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247682