https://www.taxtmi.com/caselaws?id=311618 The substituted Section 27(4) of the Tamil Nadu Value Added Tax Act, 2006, applicable from 29 January 2016, prescribed penalty at three hundred per cent of the tax due for the relevant claim, and the assessing authority had no discretion in its levy, subject to compliance with the statutory opportunity of hearing. The earlier version of the provision, which provided lower penalty rates for first and subsequent detections, was materially different and could not control the amended text. A decision dealing with the unamended provision was therefore inapplicable. On the amended wording, the penalty was mandatory and the challenge to its levy failed. en-us Thu, 03 Aug 2023 00:00:00 +0530 Thu, 04 Jan 2024 20:23:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311618 The substituted Section 27(4) of the Tamil Nadu Value Added Tax Act, 2006, applicable from 29 January 2016, prescribed penalty at three hundred per cent of the tax due for the relevant claim, and the assessing authority had no discretion in its levy, subject to compliance with the statutory opportunity of hearing. The earlier version of the provision, which provided lower penalty rates for first and subsequent detections, was materially different and could not control the amended text. A decision dealing with the unamended provision was therefore inapplicable. On the amended wording, the penalty was mandatory and the challenge to its levy failed. Case-Laws VAT and Sales Tax Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311618