https://www.taxtmi.com/caselaws?id=794035 Under the sales tax provisions, penalty had to be assessed on the basis of actual tax paid, not merely the tax shown in the return, and an unsupported penalty order could not justify retention of an excessive levy; the Tribunal's reduction of penalty and deletion of the related penalty and composition fee were therefore sustained. Interest remained payable on tax not paid within the prescribed time, and also on any unpaid balance left after a lump sum payment, so the interest levy was upheld. Both the appeals and cross-objections were dismissed. en-us Thu, 11 Jun 2026 00:00:00 +0530 Mon, 29 Jun 2026 09:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794035 Under the sales tax provisions, penalty had to be assessed on the basis of actual tax paid, not merely the tax shown in the return, and an unsupported penalty order could not justify retention of an excessive levy; the Tribunal's reduction of penalty and deletion of the related penalty and composition fee were therefore sustained. Interest remained payable on tax not paid within the prescribed time, and also on any unpaid balance left after a lump sum payment, so the interest levy was upheld. Both the appeals and cross-objections were dismissed. Case-Laws VAT / Sales Tax Thu, 11 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794035