https://www.taxtmi.com/caselaws?id=277723 The court ruled in favor of the petitioner, quashing penalty orders for misclassification under the KVAT Act. The court found the penalty unjust as the classification was based on the supplier's assessment, not willful tax evasion by the petitioner. Emphasizing the need for proper classification by the assessing authority before penalizing misclassification, the court allowed the writ petition while maintaining the respondents' right to challenge classification in assessment proceedings. en-us Fri, 11 Sep 2015 00:00:00 +0530 Thu, 20 Dec 2018 05:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277723 The court ruled in favor of the petitioner, quashing penalty orders for misclassification under the KVAT Act. The court found the penalty unjust as the classification was based on the supplier's assessment, not willful tax evasion by the petitioner. Emphasizing the need for proper classification by the assessing authority before penalizing misclassification, the court allowed the writ petition while maintaining the respondents' right to challenge classification in assessment proceedings. Case-Laws VAT and Sales Tax Fri, 11 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277723