At, High Court of Judicature at Allahabad
By, THE HONOURABLE MR. JUSTICE BHARATI SAPRU
For the Appearing Parties: Standing Counsel.
1. This revision has been filed by the State for the assessment year 2014-15 against the order of the Tribunal dated 26th August, 2015. The question of law referred to is hereunder :
"Whether under the facts and circumstances of the case, the Commercial Tax Tribunal was legally justified in setting aside the penalty order passed under Section 54(1)A of the U.P. Value Added Tax Act whereas the dealer deposited admitted tax belatedly without any reasonable cause and reason?"
2. The Tribunal has deleted the penalty imposed on the assessee under Section 54(1)A of the U.P. Value Added Tax Act, 2008 after recording findings that the assessee deposited the tax as well as the interest for the delay that it had made. The Tribunal records that the State did not loose any revenue rather it had gained in the form of interest. This Court has taken a view earlier also in the case of M/s Govind Sugar Mills Ltd. v. CTT, reported in 2008 UPTC 991, that where the admitted tax is paid along with interest it would not be justified to impose any penalty.
3. In view of the above
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, no question of law arises. No other question was argued. 4. This revision has no merit, it is dismissed.