Provided that such application shall be made within two years from the date of payment of the tax.

Offence and penalties Offence and penalties.—

1. (1) If any licensee or any other person—
   • (a) fails to keep accounts or to submit returns as required by the provisions of this Act or the rules made thereunder; or
   • (b) intentionally furnishes any incorrect return or information, or knowingly or recklessly makes any statement in any return or information furnished by him; or
   • (c) fails to pay to the State Government the tax collected or the tax payable under this Act within the prescribed time; he shall, on conviction, be punished with imprisonment for a term which may extend to six months or with fine which may extend to five thousand rupees, or with both.
2. (2) If a licensee or any other person, having been convicted of an offence under this Act, is again convicted of an offence under this Act, he shall be punishable for the second and for each subsequent offence with imprisonment for a term which may extend to one year or with fine which may extend to ten thousand rupees, or with both.