https://www.taxtmi.com/caselaws?id=337119 The High Court upheld the Tax Board's decision, affirming the penalty imposed on a transport business for not carrying the mandatory declaration form ST-18AA while transporting goods. Relying on the Supreme Court's ruling in Guljag Industries v. CTO, the court deemed the penalty justified and mandatory. Additionally, the court validated the rectification application filed by the AO within the permissible timeframe, emphasizing the applicability of subsequent higher court judgments under section 37 of the Act. The petition challenging the penalty imposition was dismissed by the High Court. en-us Fri, 25 Nov 2016 00:00:00 +0530 Wed, 04 Jan 2017 08:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337119 The High Court upheld the Tax Board's decision, affirming the penalty imposed on a transport business for not carrying the mandatory declaration form ST-18AA while transporting goods. Relying on the Supreme Court's ruling in Guljag Industries v. CTO, the court deemed the penalty justified and mandatory. Additionally, the court validated the rectification application filed by the AO within the permissible timeframe, emphasizing the applicability of subsequent higher court judgments under section 37 of the Act. The petition challenging the penalty imposition was dismissed by the High Court. Case-Laws VAT and Sales Tax Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337119