https://www.taxtmi.com/caselaws?id=343490 Mandatory penalty under the Gujarat Sales Tax Act may be imposed for the first time by a revisional authority when it takes an assessment up in suo motu revision. The penalty deletion was therefore unsustainable, and the levy was restored. Interest under the Act was validly restricted to 36 months because the applicable statutory provision supported that limitation; the Tribunal's interest ruling remained undisturbed. The petition succeeded only to the extent of restoring the mandatory penalty. en-us Fri, 05 May 2017 00:00:00 +0530 Tue, 27 Mar 2018 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343490 Mandatory penalty under the Gujarat Sales Tax Act may be imposed for the first time by a revisional authority when it takes an assessment up in suo motu revision. The penalty deletion was therefore unsustainable, and the levy was restored. Interest under the Act was validly restricted to 36 months because the applicable statutory provision supported that limitation; the Tribunal's interest ruling remained undisturbed. The petition succeeded only to the extent of restoring the mandatory penalty. Case-Laws VAT and Sales Tax Fri, 05 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343490