Penalty Imposed for Attempted VAT and Sales Tax Evasion Equals the Tax Amount, Not for Actual Evasion.

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....Levy of penalty - It is not actual evasion of tax as contemplated in the books, but it is an attempt. Probably it might be an omission. But as far as the Department is concerned, the reasonable view that the Department could take is that there is an attempt to evade tax. - Levy of penalty confirmied equal to the amount of tax.....