https://www.taxtmi.com/caselaws?id=173350 The High Court upheld the decisions of the lower authorities and dismissed the revision, ruling that the hospital's use of goods purchased for own use, even if resulting in profit, did not contravene section 70B of the Kerala Value Added Tax Act. The Court emphasized that the penalty provision applies when goods are used for purposes other than the declared own use, which was not the case here as the hospital utilized the goods for its intended purposes. Therefore, the penalty imposed on the hospital for alleged commercial use was deemed invalid. en-us Wed, 28 May 2014 00:00:00 +0530 Mon, 14 Sep 2015 06:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173350 The High Court upheld the decisions of the lower authorities and dismissed the revision, ruling that the hospital's use of goods purchased for own use, even if resulting in profit, did not contravene section 70B of the Kerala Value Added Tax Act. The Court emphasized that the penalty provision applies when goods are used for purposes other than the declared own use, which was not the case here as the hospital utilized the goods for its intended purposes. Therefore, the penalty imposed on the hospital for alleged commercial use was deemed invalid. Case-Laws VAT and Sales Tax Wed, 28 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173350