Offences and penalties

(a) being liable to pay duty under this Act; does not get himself registered; (b) fails to keep true and proper record or knowingly prepares or produces incorrect record; (c) fails to submit return, without any reasonable cause or submits a false or incorrect return; (d) fails to pay duty in accordance with the provision of the Act or fails to deposit any demand under the provision of the Act; (e) intentionally obstructs an inspecting officer in the exercise of his powers and duties under this Act and the rules made thereunder; or (f) wilfully evades or attempts to evade duty leviable under this Act; (g) wilfully acts in contravention of any provision of this Act or the rules made thereunder,- shall, in addition to his liability to pay duty and other dues payable by him under this Act, be liable to pay a penalty not exceeding hundred and fifty percent of the duty payable but shall not be less than ten percent of it.