Claiming exemption on declared turnover won’t amount to suppression of turnover; no penalty leviable

CST & VAT : Kerala VAT - Where assessee had declared entire sales turnover and also claimed exemption of said turnover by stating it to be second sales and Assessing Authority had imposed penalty upon it under section 45A, since assessee had declared entire sales turnover and a mere claim for exemption could not be treated at par with suppression of turnover, imposition of penalty was not justified