https://www.taxtmi.com/caselaws?id=259335 The court dismissed the appeal challenging the penalty imposed under Section 45A of the KGST Act for the appellant's failure to file returns and remit tax, despite reducing the penalty to an equal amount of tax and waiving penal interest. The court emphasized that reasons for non-compliance, such as business losses, were not raised in previous proceedings, leading to a lack of merit in the appellant's contentions. The appellant was granted the benefit of penal interest waiver if the due amount was remitted within three months from the judgment's receipt. en-us Wed, 19 Nov 2014 00:00:00 +0530 Thu, 07 May 2015 07:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259335 The court dismissed the appeal challenging the penalty imposed under Section 45A of the KGST Act for the appellant's failure to file returns and remit tax, despite reducing the penalty to an equal amount of tax and waiving penal interest. The court emphasized that reasons for non-compliance, such as business losses, were not raised in previous proceedings, leading to a lack of merit in the appellant's contentions. The appellant was granted the benefit of penal interest waiver if the due amount was remitted within three months from the judgment's receipt. Case-Laws VAT and Sales Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259335