https://www.taxtmi.com/highlights?id=81361 Penalty imposed on trader for importing goods with invalid import declaration form (Form XVI) instead of prescribed Form XVI u/s 48A of Uttarakhand VAT Act. Tribunal upheld penalty, finding open contravention of Section 48(2). High Court examined provisions of Sections 43 and 48 requiring show-cause notice, opportunity of hearing, and finding of willful attempt to evade tax before imposing penalty. Trader produced valid Form XVI after show-cause notice, claiming goods sent for job work and returned without job done. High Court relied on Allahabad HC judgment holding that if documents removing discrepancy produced after show-cause notice, authorities bound to consider them before seizing goods. Applying ratio, High Court allowed revision and set aside Tribunal's order imposing penalty when valid Form XVI produced. en-us Mon, 16 Sep 2024 07:59:08 +0530 Mon, 16 Sep 2024 07:59:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=81361 Penalty imposed on trader for importing goods with invalid import declaration form (Form XVI) instead of prescribed Form XVI u/s 48A of Uttarakhand VAT Act. Tribunal upheld penalty, finding open contravention of Section 48(2). High Court examined provisions of Sections 43 and 48 requiring show-cause notice, opportunity of hearing, and finding of willful attempt to evade tax before imposing penalty. Trader produced valid Form XVI after show-cause notice, claiming goods sent for job work and returned without job done. High Court relied on Allahabad HC judgment holding that if documents removing discrepancy produced after show-cause notice, authorities bound to consider them before seizing goods. Applying ratio, High Court allowed revision and set aside Tribunal's order imposing penalty when valid Form XVI produced. Highlights VAT / Sales Tax Mon, 16 Sep 2024 07:59:08 +0530 https://www.taxtmi.com/highlights?id=81361