https://www.taxtmi.com/caselaws?id=280128 Penalty under Section 4-B(5) was unsustainable where the assessee had obtained a valid recognition certificate for the notified goods and the fact-finding authority recorded no mens rea or attempt to evade tax. The Tribunal's findings that refined rape seed oil was covered by the certificate and that the assessee had acted without culpable intent left no basis for punitive action. On those factual findings, interference was unwarranted and the revision failed. en-us Tue, 19 Jul 1983 00:00:00 +0530 Mon, 22 Apr 2019 12:17:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280128 Penalty under Section 4-B(5) was unsustainable where the assessee had obtained a valid recognition certificate for the notified goods and the fact-finding authority recorded no mens rea or attempt to evade tax. The Tribunal's findings that refined rape seed oil was covered by the certificate and that the assessee had acted without culpable intent left no basis for punitive action. On those factual findings, interference was unwarranted and the revision failed. Case-Laws VAT and Sales Tax Tue, 19 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280128