https://www.taxtmi.com/caselaws?id=281737 Penalty under Section 47 of the Kerala Value Added Tax Act, 2003 was upheld because the facts supported a finding that the movement of goods was not bona fide. The goods were detained after substantial delay in transport, the purchase orders and supporting letters were inconsistent, and the claimed shortage of space appeared to be an afterthought. Accounting entries alone did not displace the inference that the transport arrangement lacked bona fides or negate the conclusion that an attempt to evade tax had been established. The Tribunal was therefore wrong to set aside the penalty. en-us Fri, 22 Jun 2018 00:00:00 +0530 Thu, 04 Jul 2019 10:02:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281737 Penalty under Section 47 of the Kerala Value Added Tax Act, 2003 was upheld because the facts supported a finding that the movement of goods was not bona fide. The goods were detained after substantial delay in transport, the purchase orders and supporting letters were inconsistent, and the claimed shortage of space appeared to be an afterthought. Accounting entries alone did not displace the inference that the transport arrangement lacked bona fides or negate the conclusion that an attempt to evade tax had been established. The Tribunal was therefore wrong to set aside the penalty. Case-Laws VAT and Sales Tax Fri, 22 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281737