Penalty for evasion of octroi or terminal tax.

If goods passing the octroi or terminal tax boundary of a Municipal area liable to the payment of octroi or terminal tax, than every person who, with intent to defraud the municipality, introduces or attempts to introduce within the said octroi or terminal tax boundary any such goods upon which payment of the Octroi or terminal tax due on introduction has neither been made nor tendered or causes its such introduction shall be punishable with fine which may extend either to 10 times the value of such octroi or terminal tax, or to fifty rupees, whichever amount is greater.