Amendment status not verified — confirm the current text below against the official source.
[(1) Every employer or dealer or producer of coir products or exporter liable to pay contribution under section 4 shall, pending determination under section 11 of the amount due from him, pay the amount according to latest determination under the said section and in the absence of such determination according to self assessment of contribution payable under section 4, as shown below, namely:- (a) contribution upto Rs.100 per annum in lumpsum on or before 30th June of every year (b) contribution above Rs.100 and upto Rs.12000 per annum In two half yearly instalments before 30th June and 31st December of every year. (c) Contribution above Rs.1200 per annum In equal quarterly instalments before 30th June, 30th September, 31st December and 31st March every year. Note.-- The Board may at its discretion allow appropriate rebate for prompt payment or advance payment.] (2) The contribution for a month due from a coir worker or self-employed person shall become payable on or before the [15th day] of the succeeding month. (3) Whether the contribution is not paid on or before the due date, the Chief Executive Officer or any officer of the Board authorised by it in this behalf, shall issue a notice to the defaulter showing the amount of arrears, and if the amount is not paid within fifteen days of the receipt of such notice, it may be recovered in the same manner as arrears of public revenue due on land. (4) The amount paid under sub-section (1) by an employer or dealer or producer of coir products [or exporter] for a year shall be adjusted against the amount determined, under section 11 for that year. Substituted by Act 9 of 1998 Substituted by Act 9 of 1998 Inserted by Act 9 of 1998