https://www.taxtmi.com/caselaws?id=344568 Concessional purchase under section 3(3) of the Tamil Nadu General Sales Tax Act, 1959 was held unavailable where furnace oil and hytherm oil purchased in Form XVII were used for processing cotton fabric on job work basis for customers, because the statutory benefit applies only to consumables used in manufacturing goods sold by the dealer. Penalty under section 23 was also explained as discretionary, since the authority may impose penalty only after considering relevant facts and circumstances; a maximum levy cannot follow automatically from a finding of violation. The penalty quantum was therefore required to be re-examined on fresh consideration. en-us Thu, 27 Apr 2017 00:00:00 +0530 Fri, 23 Mar 2018 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344568 Concessional purchase under section 3(3) of the Tamil Nadu General Sales Tax Act, 1959 was held unavailable where furnace oil and hytherm oil purchased in Form XVII were used for processing cotton fabric on job work basis for customers, because the statutory benefit applies only to consumables used in manufacturing goods sold by the dealer. Penalty under section 23 was also explained as discretionary, since the authority may impose penalty only after considering relevant facts and circumstances; a maximum levy cannot follow automatically from a finding of violation. The penalty quantum was therefore required to be re-examined on fresh consideration. Case-Laws VAT and Sales Tax Thu, 27 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344568