https://www.taxtmi.com/caselaws?id=372241 Penalty was held sustainable where the assessee produced fake and fraudulent C-Forms, because the purchasing dealers were untraceable and the TIN particulars were incorrect. The court treated a fake C-Form as equivalent to non-production of a valid form, and rejected the argument that responsibility could be shifted to an unidentifiable or non-existent purchaser. Authorities cited by the assessee were distinguished on the basis that those matters involved identifiable purchasing dealers whose existence was not in doubt. Relief was refused to avoid misuse of concessional tax forms, and the appellate court declined to interfere with the penalty. en-us Fri, 14 Sep 2018 00:00:00 +0530 Thu, 20 Dec 2018 06:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372241 Penalty was held sustainable where the assessee produced fake and fraudulent C-Forms, because the purchasing dealers were untraceable and the TIN particulars were incorrect. The court treated a fake C-Form as equivalent to non-production of a valid form, and rejected the argument that responsibility could be shifted to an unidentifiable or non-existent purchaser. Authorities cited by the assessee were distinguished on the basis that those matters involved identifiable purchasing dealers whose existence was not in doubt. Relief was refused to avoid misuse of concessional tax forms, and the appellate court declined to interfere with the penalty. Case-Laws VAT and Sales Tax Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372241