Section 26: Penalty for non-submission of return by due date

26. Penalty for non-submission of return by due date (1) Subject to subsection (2), where, in respect of a taxable period, a registered person fails to submit a return on or before the last day on which the return is required to be submitted, he shall be liable to pay to the Director-General, in addition to any tax which may be payable, a penalty of 2,000 rupees for every month or part of the month until the return for that taxable period is submitted, provided that the total penalty payable shall not exceed 20,000 rupees. (2) Where a registered person is a small enterprise, the maximum penalty payable under subsection (1) shall not exceed 5,000 rupees. [S. 26 amended by Act 25 of 2000; repealed and replaced by s. 31 (h) of Act 15 of 2006 w.e.f. 1 October 2006; s. 53 (f) of Act 9 of 2015 w.e.f. 14 May 2015.]