Penalty for failure to collect or pay expenditure-tax

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ture-tax. 15. Any person responsible for collecting expenditure-tax in accordance with the provisions of sub-section (1) or sub-section (2) of section 7, who— ( a ) fails to collect such tax; .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ollect; and ( ii ) in the case referred to in clause ( b ), in addition to paying interest in accordance with the provisions of section 14, by way of penalty, a sum which shall not be less than one .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X