https://www.taxtmi.com/caselaws?id=410968 The Court upheld the penalty imposition under section 47(6) of the Kerala Value Added Tax Act, 2003 for failure to carry Form 8FA during the transportation of imported religious articles. The penalty amount was reduced from Rs. 1,22,985 to Rs. 15,000, considering the petitioner's business nature and circumstances. The Court affirmed the penalty imposition while modifying the quantum, emphasizing the importance of Form 8FA compliance and balancing penalty imposition with individual circumstances. en-us Wed, 07 Jul 2021 00:00:00 +0530 Fri, 13 Aug 2021 09:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410968 The Court upheld the penalty imposition under section 47(6) of the Kerala Value Added Tax Act, 2003 for failure to carry Form 8FA during the transportation of imported religious articles. The penalty amount was reduced from Rs. 1,22,985 to Rs. 15,000, considering the petitioner's business nature and circumstances. The Court affirmed the penalty imposition while modifying the quantum, emphasizing the importance of Form 8FA compliance and balancing penalty imposition with individual circumstances. Case-Laws VAT and Sales Tax Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410968