https://www.taxtmi.com/caselaws?id=167943 Penalty under section 78(5) of the Rajasthan Sales Tax Act was found unsustainable where transport documents showed only minor discrepancies and the record otherwise supported a genuine transaction. The goods were accompanied by the sale bill and goods transit receipt, the declaration ST 17 was furnished, and the transaction was entered in the books of account. The demand draft reference on the bill further supported genuineness. The court treated the defects as minor lacunae, held that they did not establish irregularity in transit or intent to evade tax, and declined to sustain penalty on suspicion alone. en-us Mon, 06 Aug 2012 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167943 Penalty under section 78(5) of the Rajasthan Sales Tax Act was found unsustainable where transport documents showed only minor discrepancies and the record otherwise supported a genuine transaction. The goods were accompanied by the sale bill and goods transit receipt, the declaration ST 17 was furnished, and the transaction was entered in the books of account. The demand draft reference on the bill further supported genuineness. The court treated the defects as minor lacunae, held that they did not establish irregularity in transit or intent to evade tax, and declined to sustain penalty on suspicion alone. Case-Laws VAT and Sales Tax Mon, 06 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167943