https://www.taxtmi.com/caselaws?id=796541 Penalty for alleged Form-38 manipulation was not sustainable where machinery parts imported for the assessee's repair and maintenance were supported by a tax invoice, goods receipt, Form-38 and Form-402, with no discrepancy in description, quantity or value. Use of a correction marker in the invoice-tax amount column did not establish tax evasion or an attempt to evade tax. The parts were not intended for resale, and no material showed that the assessee dealt in or sold such plant or machinery. Accordingly, the stated precedents supported exclusion of penalty under Section 54(1)(14). en-us Tue, 28 Jul 2026 00:00:00 +0530 Fri, 07 Aug 2026 09:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796541 Penalty for alleged Form-38 manipulation was not sustainable where machinery parts imported for the assessee's repair and maintenance were supported by a tax invoice, goods receipt, Form-38 and Form-402, with no discrepancy in description, quantity or value. Use of a correction marker in the invoice-tax amount column did not establish tax evasion or an attempt to evade tax. The parts were not intended for resale, and no material showed that the assessee dealt in or sold such plant or machinery. Accordingly, the stated precedents supported exclusion of penalty under Section 54(1)(14). Case-Laws VAT / Sales Tax Tue, 28 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796541