Penalty under cst act
This query is : Resolved
09 May 2012
Penalty has been levied equalant to tax under sec 10(A) of CST Act. The assessee is a newspaper printer and purchased C form for use in printing works.By technical mistake it is printed on the C Form that the dealer has purchased the C form for "RE SALE" instead of "Use in manufacture". The penalty is levied under the ground that C forms have been misused and penalty levied. What is the remedy when we have not misused the C Form. It is only a technical mistake
09 May 2012
If its a technical mistake, then just approach the concerned officer in the Sales Tax Office and explain your case. I'm sure, the officer will definitely accept your plea..
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09 May 2012
Since penalty is levied, the right course of action is to file appeal before the first appellate authority.
09 May 2012
In case of VAT / CST, there is an option instead of going in for appeal. You can apply for cancellation of order. Appeal will be a time consuming task, when there is an option available.
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