https://www.taxtmi.com/caselaws?id=165968 A Karnataka High Court discussion on penalty under the KVAT Act explains that a complaint of natural justice may fail where the assessee was put on notice of the discrepancy, replied to the allegations, and never sought the adverse material or audit report at assessment or in appeal. It also notes that penalty can be justified where the record shows fictitious invoices, non-existent or deregistered suppliers, bill traders or benami persons, and a patterned transaction trail unsupported by delivery, freight, purchase orders, or other surrounding evidence. On that factual basis, the use of false invoices to claim input tax credit supported restoration of penalty. en-us Fri, 06 Aug 2010 00:00:00 +0530 Mon, 29 Sep 2014 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165968 A Karnataka High Court discussion on penalty under the KVAT Act explains that a complaint of natural justice may fail where the assessee was put on notice of the discrepancy, replied to the allegations, and never sought the adverse material or audit report at assessment or in appeal. It also notes that penalty can be justified where the record shows fictitious invoices, non-existent or deregistered suppliers, bill traders or benami persons, and a patterned transaction trail unsupported by delivery, freight, purchase orders, or other surrounding evidence. On that factual basis, the use of false invoices to claim input tax credit supported restoration of penalty. Case-Laws VAT and Sales Tax Fri, 06 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165968