https://www.taxtmi.com/caselaws?id=291847 Penalty under the Punjab Value Added Tax Act was upheld where the transit documents and surrounding facts did not support the asserted sale and showed inconsistencies in destination and supporting records, so the challenge depended largely on factual appreciation. Penalty under the provision covering failure to disclose consignor or consignee, or transport without proper or genuine documents, was quashed because the checking documents themselves disclosed both consignor and consignee, leaving the statutory precondition unsatisfied. The appeal therefore succeeded only to the limited extent of setting aside that penalty, while the other penalty was sustained. en-us Tue, 25 Feb 2020 00:00:00 +0530 Thu, 10 Dec 2020 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291847 Penalty under the Punjab Value Added Tax Act was upheld where the transit documents and surrounding facts did not support the asserted sale and showed inconsistencies in destination and supporting records, so the challenge depended largely on factual appreciation. Penalty under the provision covering failure to disclose consignor or consignee, or transport without proper or genuine documents, was quashed because the checking documents themselves disclosed both consignor and consignee, leaving the statutory precondition unsatisfied. The appeal therefore succeeded only to the limited extent of setting aside that penalty, while the other penalty was sustained. Case-Laws VAT and Sales Tax Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291847