https://www.taxtmi.com/caselaws?id=404343 The HC upheld the penalty of Rs. 2,52,99,413 imposed on the petitioner under Section 10-A of the Central Sales Tax Act, 1956, for transferring goods procured at a concessional rate to sister concerns, violating registration terms. The court determined that the petitioner's activities did not qualify as "manufacture or processing of goods for sale," thus invalidating the use of Form C for concessional procurement. The petitioner's assertion of mens-rea being necessary for penalty imposition was not explicitly addressed, but the penalty was confirmed, and the writ petition was dismissed. en-us Tue, 09 Feb 2021 00:00:00 +0530 Tue, 29 Oct 2024 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404343 The HC upheld the penalty of Rs. 2,52,99,413 imposed on the petitioner under Section 10-A of the Central Sales Tax Act, 1956, for transferring goods procured at a concessional rate to sister concerns, violating registration terms. The court determined that the petitioner's activities did not qualify as "manufacture or processing of goods for sale," thus invalidating the use of Form C for concessional procurement. The petitioner's assertion of mens-rea being necessary for penalty imposition was not explicitly addressed, but the penalty was confirmed, and the writ petition was dismissed. Case-Laws VAT / Sales Tax Tue, 09 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404343