https://www.taxtmi.com/caselaws?id=254863 Currency counting machines were classified by their common commercial character as machinery, not as electronic goods, because the presence of an electronic component did not change their essential nature; entry tax was therefore leviable under the relevant entry for machinery. Penalty under the Act was discretionary, and the revisional authority could not disturb a reduced penalty merely because it considered a higher penalty preferable, absent legal error or prejudice to revenue. The tax demand was upheld, while interference with the penalty enhancement was set aside. en-us Fri, 25 Oct 2013 00:00:00 +0530 Fri, 02 Jan 2015 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254863 Currency counting machines were classified by their common commercial character as machinery, not as electronic goods, because the presence of an electronic component did not change their essential nature; entry tax was therefore leviable under the relevant entry for machinery. Penalty under the Act was discretionary, and the revisional authority could not disturb a reduced penalty merely because it considered a higher penalty preferable, absent legal error or prejudice to revenue. The tax demand was upheld, while interference with the penalty enhancement was set aside. Case-Laws VAT and Sales Tax Fri, 25 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254863