https://www.taxtmi.com/caselaws?id=436123 The court held that "Hydrate Lime" qualifies as a scheduled good under the O.E.T. Act, allowing for entry tax. Despite a pending Supreme Court decision on entry tax for imported coke, the Tribunal upheld the tax. Regarding the penalty under Section 7(5) of the O.E.T. Act, the court ruled in favor of the petitioner, stating that since the tax was paid on time without intent to evade, no penalty should be imposed. The orders imposing penalties were quashed, and the petitioner was not liable for costs. en-us Thu, 23 Mar 2023 00:00:00 +0530 Wed, 05 Apr 2023 08:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436123 The court held that "Hydrate Lime" qualifies as a scheduled good under the O.E.T. Act, allowing for entry tax. Despite a pending Supreme Court decision on entry tax for imported coke, the Tribunal upheld the tax. Regarding the penalty under Section 7(5) of the O.E.T. Act, the court ruled in favor of the petitioner, stating that since the tax was paid on time without intent to evade, no penalty should be imposed. The orders imposing penalties were quashed, and the petitioner was not liable for costs. Case-Laws VAT and Sales Tax Thu, 23 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436123