Section 7
Imposition Of Fine
7. Imposition of fine:
If any person fails to pay the amount of tax within the time- limit referred to in Section 4, the Tax Officer shall impose a fine as follows:
(a) A fine by up to Five percent of the amount of tax for up to the first Thirty days from the expiration of time-limit for payment of the same.
(b) A fine by up to Ten percent of the amount of tax for up to Forty Five days thereafter,
(c) A fine by up to Twenty percent of the amount of tax for up to the end of the
fiscal year thereafter