Penalty under cst act

This query is : Resolved

sateesh nadagouda (Querist)
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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

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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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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Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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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.

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Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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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.