https://www.taxtmi.com/caselaws?id=434030 Penalty for alleged misuse of transit documents under the Punjab Value Added Tax Act, 2005 cannot be sustained merely because of an omission in the transit form or a discrepancy in movement records. Where purchase orders, invoices and transit records showed dispatch in separate consignments, including goods sent for job work, and the record did not show diversion for local sale or any attempt to evade tax in Punjab, the authorities lacked material evidence to justify penalty. The impugned orders were therefore unsustainable and the penalty was deleted. en-us Mon, 09 Jan 2023 00:00:00 +0530 Thu, 16 Feb 2023 08:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434030 Penalty for alleged misuse of transit documents under the Punjab Value Added Tax Act, 2005 cannot be sustained merely because of an omission in the transit form or a discrepancy in movement records. Where purchase orders, invoices and transit records showed dispatch in separate consignments, including goods sent for job work, and the record did not show diversion for local sale or any attempt to evade tax in Punjab, the authorities lacked material evidence to justify penalty. The impugned orders were therefore unsustainable and the penalty was deleted. Case-Laws VAT and Sales Tax Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434030