Provided that before taking action under this sub-section the promoter shall be given a reasonable opportunity of being heard.

Payment and recovery of tax

1. (1) The tax or any other amount due under this Act shall be paid in such manner and within such time, as may be prescribed.
2. (2) If default is made in making payment in accordance with sub-section (1),-
   • (i) the whole of the amount outstanding on the date of default shall become immediately due and shall be a charge on the property of the promoter liable to pay tax under this Act;
   • (ii) the promoter liable to pay the tax or any other amount due under this Act shall pay a interest equal to two per cent of the amount of tax or any other amount due remaining unpaid for each month after the expiry of the time specified under sub-section (1). Explanation.- For the purposes of clause (ii), the interest payable for a part of a month shall be proportionately determined.
3. (3) Any amount, which remains unpaid under this Act after the due date of payment, shall be recoverable from a promoter in the manner specified under this Act.
4. (4) Any tax due or assessed, or any other amount due under this Act from a promoter or any other person, may without prejudice to any other mode of collection be recovered.-
   • (i) as if it were an arrear of land revenue; or
   • (ii) as if it were an arrear of sales tax under the Karnataka Sales Tax Act, 1957 (Karnataka Act 25 of 1957).