Penalties relating to registration

Penalties, Offences and Power to make Rules

Penalties relating to registration.-

1. (1) A dealer who, without reasonable cause, fails to apply for registration within the time prescribed in sub-sections
2. (1) or
3. (2) or
4. (3) of Section 22 shall be liable to a penalty of five thousand rupees in addition to the interest chargeable on the tax payable at the rate provided under Section 37.
5. (2) A dealer who fails to report to the prescribed authority a change in circumstances as required by Section 28 shall be liable to a penalty of five thousand rupees.
6. (3) The power to levy the penalties shall be vested in the registering authority as prescribed.