Penalty u/s 51(7)(c) of Punjab VAT Act not imposable in absence of attempt to evade tax

Punjab Wool Syndicate Vs State of Punjab and another (Punjab and Haryana High Court) Punjab & Haryana High Court held that penalty under section 51(7)(c) of the Punjab VAT Act, 2005 not imposable in absence of attempt to evade tax. Facts- The appellant-M/s. Punjab Wool Syndicate has come up in appeal against the order dated 05.03.2010 (Annexure A-10) passed by the Tribunal dismissing the Appeal (Vat) No. 565 of 2009 of the appellant and had upheld the penalty of Rs.69,952/- under Section 51(7)(c) of the Punjab VAT Act, 2005. Notably, the goods were being transferred in Vehicle No. HR-38-99...