A person is required to pay Rs5,000 as penalty on failure to notify the changes of material nature in the particulars of registration of taxable activity as defined under Section 14 of Sales Tax Act, 1990.
Following is the text of section 33(4) of the Sales Tax Act, 1990:
33. Offences and penalties.– Whoever commits any offence shall, in addition to and not in derogation of any punishment to which he may be liable under any other law, be liable to the penalty mentioned against that offence: –
4. Any person who fails to notify the changes of material nature in the particulars of registration of taxable activity.
Such person shall pay a penalty of five thousand rupees.
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