Taxes paid after completion of assessment couldn’t be deemed as advance payments to determine VAT pe

CST & VAT: Where Assessing Authority completed assessment of assessee on 15-3-2006 and also imposed penalty upon it under section 12B(4) of Karnataka Sales Tax Act, 1957 for short payment of advance tax and Appellate Authority taking into consideration two payments of Rs. 70,000 and Rs. 26,000, which were paid on 14-2-2005 and 29-3-2006 respectively, set aside order of penalty, Appellate Authority committed a factual error in treating amount of Rs. 26,000 as advance payment, which was paid after