TVAT: No penalty for non-furnishing of Audit report if no format for filing audited report was prescribed

Pankaj Behari Saha Vs State of Tripura (High Court Tripura) Petitioner is a dealer and was registered under the Tripura Value Added Tax Act, 2004 (TVAT Act, for short) at the relevant time. The Superintendent of Taxes, Udaipur issued a notice on 31.01.2019 to the petitioner under Section 53(3) of the TVAT Act conveying to the petitioner that despite requirement under the said provision the petitioner failed to furnish audited accounts for the years 2010-11, 2011-12 & 2012-13 by the end of the month after expiry of the period of six months. This was in violation of Section 53(1) & 53(2)...