https://www.taxtmi.com/article/detailed?id=12098 The court found no allegation or material showing tax evasion, only delay in depositing tax collected; accordingly, the statutory ceiling on penalty applies and mitigation guidelines and notifications must be considered, and an excessive penalty imposed without applying those factors was set aside and replaced by the maximum statutory penalty allowing for timely compliance. en-us Wed, 06 Dec 2023 10:28:11 +0530 Wed, 06 Dec 2023 10:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12098 The court found no allegation or material showing tax evasion, only delay in depositing tax collected; accordingly, the statutory ceiling on penalty applies and mitigation guidelines and notifications must be considered, and an excessive penalty imposed without applying those factors was set aside and replaced by the maximum statutory penalty allowing for timely compliance. Articles Goods and Services Tax - GST Wed, 06 Dec 2023 10:28:11 +0530 https://www.taxtmi.com/article/detailed?id=12098