Section 148: Offences relating to duties, levy and taxes

148. Offences relating to duties, levy and taxes (1) Any licensee who fails to submit a return referred to in section 115 shall commit an offence and shall, on conviction, be liable to a fine not exceeding 10,000 rupees and to imprisonment for a term not exceeding 6 months. (2) Where a person is convicted under subsection (1), he shall, in addition to any penalty imposed under subsection (1), be ordered by the Court to submit the return within such time as the Court may order. (3) Any licensee who fails to comply with any requirement under section 111, 112 or 118 shall commit an offence and shall, on conviction, be liable to a fine not exceeding 200,000 rupees and to imprisonment for a term not exceeding 2 years. (4) Any licensee who fails to pay any duty, levy or tax payable under this Act shall commit an offence and shall, on conviction, be liable to a fine not exceeding treble the amount of the duty, levy or tax which would have been payable and to imprisonment for a term not exceeding 5 years. (5) Any licensee who is knowingly concerned in, or is taking steps with a view to, the evasion, by him or any other person of any duty, levy or tax payable under this Act shall commit an offence and shall, on conviction, be liable to a fine not exceeding 500,000 rupees and to imprisonment for a term not exceeding 5 years. (S. 148 came into operation on 6 December 2007.) [S. 148 amended by s. 9 (n) of Act 20 of 2009 w.e.f. 19 December 2009; s. 25 (zj) of Act 18 of 2016 w.e.f. 1 October 2016.]