https://www.taxtmi.com/caselaws?id=269339 The High Court of Madras allowed the writ appeals challenging penalties imposed under Section 10-A of the Central Sales Tax Act. The Court found that the assessing officer erred in not considering exports covered by Form-H and misinterpreted the coverage of purchased items, despite them being included in the certificate of registration. Emphasizing the importance of following binding precedents, the Court set aside the penalties, stating that the assessing officer's reliance on a different court's ruling was unfounded. The judgment underscored the necessity of upholding legal principles and ensuring the correct application of relevant precedents in tax cases. en-us Fri, 09 Oct 2015 00:00:00 +0530 Sun, 13 Dec 2015 22:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269339 The High Court of Madras allowed the writ appeals challenging penalties imposed under Section 10-A of the Central Sales Tax Act. The Court found that the assessing officer erred in not considering exports covered by Form-H and misinterpreted the coverage of purchased items, despite them being included in the certificate of registration. Emphasizing the importance of following binding precedents, the Court set aside the penalties, stating that the assessing officer's reliance on a different court's ruling was unfounded. The judgment underscored the necessity of upholding legal principles and ensuring the correct application of relevant precedents in tax cases. Case-Laws VAT and Sales Tax Fri, 09 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269339