Amendment status not verified — confirm the current text below against the official source.
Interest payable on delayed payment of Ce~s -If any dealer falls to pay .any amount of cess payable under sectwn 3 withm the tunc spec1fied m the order of .asse~sment, such dealer shnU be liable to pay mtcrcst on the amount to be patd at the 1ratc of two per cent for every month or part of a month compnsed m the penod from the date on whtch such payment 1s due tJll such amount 1s actually patd l I 219 ""'1- 11 Penalty for non-payment of Cess wuhm the specified tzme -( 1) If any --.I amount of cess payable by any dealer under scctwn 3 JS not patd w1thm the date spectfied m the otder of assessment under section 8, It shall be deemed to be m arrears and the Assessmg Officer may, after makmg such enquiry and after gtvmg htm a reasonable opportumty of bcmg heard, 1mposc on such dealer an amount as penalty not excecdmg the amount of cess. 12 Recovery of amount due under thrs Act -Any amount due under th1s Act, mcludmg any interest or penalty, from a dealer may be recovered m the same manner as an arrear of pub he revenue due on land.