https://www.taxtmi.com/caselaws?id=388907 Penalty proceedings were held unsustainable where the show-cause notice failed to contain the gist of accusations required by Rule 58(1); a mere reference to inspection material could not cure the defect, and the notice was therefore invalid. The authorities also misapplied the record-keeping rules by treating a manufacturer as if it were subject to the retailer-oriented daily-accounting requirement, despite the governing provisions for month-wise maintenance and the returns and supporting records filed by the assessee. On that basis, the penalty, appellate and tribunal orders were set aside, and the consequential demand fell with them. en-us Wed, 23 Oct 2019 00:00:00 +0530 Tue, 15 Jun 2021 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388907 Penalty proceedings were held unsustainable where the show-cause notice failed to contain the gist of accusations required by Rule 58(1); a mere reference to inspection material could not cure the defect, and the notice was therefore invalid. The authorities also misapplied the record-keeping rules by treating a manufacturer as if it were subject to the retailer-oriented daily-accounting requirement, despite the governing provisions for month-wise maintenance and the returns and supporting records filed by the assessee. On that basis, the penalty, appellate and tribunal orders were set aside, and the consequential demand fell with them. Case-Laws VAT and Sales Tax Wed, 23 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388907