Section 14A: Penalty for late payment of unpaid duty, excise duty
This section is inserted by Act No 18 of 2016, section 11.
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
14A. Penalty for late payment of unpaid duty, excise duty
and taxes
(1) A person who fails to pay duty, excise duty and taxes
under this Act shall, in addition to the unpaid duty, excise duty
and taxes, pay to the Director-General a late payment penalty.
(2) The late payment penalty under subsection (1) shall
be 5 per cent of the unpaid duty, excise duty and taxes.
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Questions this section answers
- What is the penalty for paying customs duty or excise duty late?