https://www.taxtmi.com/highlights?id=74310 Validity of demand of VAT and penalty - suppression of the sales/stock difference - The penalty was confirmed based on a prior inspection u/s 29 of the HVAT Act and subsequent procedures under Section 38. The court upheld the tribunal's decision that the penalty was correctly levied under both the HVAT Act and the Central Sales Tax Act. - HC en-us Mon, 22 Jan 2024 08:24:13 +0530 Mon, 22 Jan 2024 08:24:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74310 Validity of demand of VAT and penalty - suppression of the sales/stock difference - The penalty was confirmed based on a prior inspection u/s 29 of the HVAT Act and subsequent procedures under Section 38. The court upheld the tribunal's decision that the penalty was correctly levied under both the HVAT Act and the Central Sales Tax Act. - HC Highlights VAT and Sales Tax Mon, 22 Jan 2024 08:24:13 +0530 https://www.taxtmi.com/highlights?id=74310