High Court upheld tax assessment u/s 7A for missing sale bill. Burden on dealer to prove transactions not taxable. Penalty upheld. https://www.taxtmi.com/highlights?id=80412 The High Court confirmed the tax assessment u/s 7A for nonproduction of sale bill. The burden of proof lies on the dealer to show transactions are not taxable. Failure to prove second sale results in being deemed first seller/purchaser. Tax levy upheld due to lack of evidence. Disallowed turnover on export sales upheld due to product mismatch. Penalty upheld as it is a percentage of disputed tax. Petition dismissed. en-us Wed, 14 Aug 2024 08:31:29 +0530 Wed, 14 Aug 2024 08:31:29 +0530 TaxTMI RSS Generator High Court upheld tax assessment u/s 7A for missing sale bill. Burden on dealer to prove transactions not taxable. Penalty upheld. https://www.taxtmi.com/highlights?id=80412 The High Court confirmed the tax assessment u/s 7A for nonproduction of sale bill. The burden of proof lies on the dealer to show transactions are not taxable. Failure to prove second sale results in being deemed first seller/purchaser. Tax levy upheld due to lack of evidence. Disallowed turnover on export sales upheld due to product mismatch. Penalty upheld as it is a percentage of disputed tax. Petition dismissed. Highlights VAT and Sales Tax Wed, 14 Aug 2024 08:31:29 +0530 https://www.taxtmi.com/highlights?id=80412