Karnataka HC Upheld Penalty Due to Use of Fake Invoices for ITC Claim

Bhavani Enterprises Vs Additional Commissioner of Commercial Taxes (Karnataka High Court) The appeal was filed under Section 66 of the Karnataka Value Added Tax Act, 2003, challenging the revisional order dated 26.03.2012 passed by the Additional Commissioner of Commercial Taxes, which restored a penalty imposed under Section 70(2)(a) of the Act. The penalty had originally been levied by the Assessing Authority on 30.04.2009 but was subsequently set aside by the first Appellate Authority on 23.10.2009. The Revisional Authority restored the penalty by relying on a Division Bench judgment in a s...