Interest and Penalties

(1) If any aggregator or platform fails to pay any amount of fee payable under section 20 within the time as may be prescribed, such aggregator or platform shall be liable to pay simple interest, on the fee due to be paid at the rate of twelve percent per annum from the date on which such payment is due till such amount is actually paid. (2) Any aggregator or platform who contravenes the provisions of this Act or rules made there under or who fails to comply with the provisions of this Act or any rules made there under, the State Government may, impose a fine upon an aggregator or platform, which may extend up to Rs. 5,000 for the first contravention and up to Rs. 1,00,000 for subsequent contravention. (3) Any other non-compliance by the aggregator or platform under Act and rules made thereunder shall be dealt with as may be prescribed. (4) In case of non-payment, fine shall be recoverable as may be prescribed. (5) The procedure for imposition of fine under sub-section (2) shall be as may be prescribed.