Penalty for misconduct of licensee, etc.

Whoever, being the holder of a licence or permit granted or issued under this Regulation or being in the employment of such holder and acting on his behalf,-

(a) fails to produce such licence or permit on demand by any Excise Officer or any other officer duly empowered to make such demand; or

(b) wilfully does or omits to do anything in breach of any of the conditions of his licence or permit otherwise than provided in this Regulation; or

(c) fails to submit returns; or

(d) fails to print the maximum retail price on the label or tampers with it,

shall be punishable,-

(i) in the case of an offence falling under clause (a), with fine which may extend to fifty thousand rupees;

(ii) in the case of an offence falling under clause (b) or clause (d), with imprisonment for a term which may extend to six months and shall also be liable to fine which may extend to one lakh rupees;

(iii) in the case of an offence falling under clause (c), with fine which may extend to one lakh rupees, and ten thousand rupees per day for any subsequent delay.