https://www.taxtmi.com/caselaws?id=267452 Turnover treated as taxable where recovered inspection records, lorry way bills and surrounding documents supported the finding that the goods sold were bags, not exempt HDPE fabrics. The court treated this as a factual conclusion, declined to re-open the evidence in revision, and held that no substantial question of law arose. On penalty, the statutory provisions allowed imposition within a 50% to 150% range of tax due on suppressed turnover, and the Tribunal's reduction of penalty to 75% was upheld as a proper exercise of discretion. The revisions therefore failed. en-us Wed, 19 Nov 2014 00:00:00 +0530 Thu, 05 Nov 2015 22:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267452 Turnover treated as taxable where recovered inspection records, lorry way bills and surrounding documents supported the finding that the goods sold were bags, not exempt HDPE fabrics. The court treated this as a factual conclusion, declined to re-open the evidence in revision, and held that no substantial question of law arose. On penalty, the statutory provisions allowed imposition within a 50% to 150% range of tax due on suppressed turnover, and the Tribunal's reduction of penalty to 75% was upheld as a proper exercise of discretion. The revisions therefore failed. Case-Laws VAT and Sales Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267452