https://www.taxtmi.com/caselaws?id=335362 The Court upheld the penalty under section 15-A(1)(o) for the Assessment Year 1999-2000, reducing it from Rs. 1,80,000 to Rs. 50,000, as the goods were imported from Indore to evade tax, conflicting with the driver's statement and documents. Additionally, the Court affirmed the reduction in turnover of imported refined oil from Rs. 70 lacs to Rs. 17 lacs, as it was deemed an evaded sale based on evidence, leading to the dismissal of both revisions with penalties upheld. en-us Fri, 11 Nov 2016 00:00:00 +0530 Thu, 01 Dec 2016 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335362 The Court upheld the penalty under section 15-A(1)(o) for the Assessment Year 1999-2000, reducing it from Rs. 1,80,000 to Rs. 50,000, as the goods were imported from Indore to evade tax, conflicting with the driver's statement and documents. Additionally, the Court affirmed the reduction in turnover of imported refined oil from Rs. 70 lacs to Rs. 17 lacs, as it was deemed an evaded sale based on evidence, leading to the dismissal of both revisions with penalties upheld. Case-Laws VAT and Sales Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335362