Amendment status not verified — confirm the current text below against the official source.
Every licensmg officer shall grant and deliver to every person who G,ani of hcense pays 10 him the first instalment of tax due, a license 1R which shall be specified • e particulars of the b,x paid, with any other particulars that may be prescribed. The license shall be dated on the day of granting the same and shall expire on the 315t day of March. next following. 1[7_A. (1) The lIcensmg omcee, for the proper realisation ofta.'C levied Owner 10 furn,sh under this Act. shall after giving an opportunity ofbeing heard. require any owner security of the transport vehicle to deposit as security an amount not exceeding fifty thousand rupees in lhe prescribed manner where such an owner makes a default in the payment of tax under tJus Act for a ContlOUOUS penod of two months or more. (2) Where the security furnished by an owner of a transport vehicle under sub-section (J) IS m the fonn of a surety bond and the surety becomes IOsolvent or IS otherwise incapacitated or dies or Withdraws. such owner shall withm fifteen days of the occurrence of any of the aforesaid events, inform the licensing officer and shall within thirty days of such occurrence, furnish a fresh surety bond. (3) The licensmgoffJcer may, byan order Ul writing for good and sufficient cause and after giving the owner a reasonable opportunity ofbeing beard, forfeit the whole or any part of ~e secunty furnished by such owner for realising any amount ofw, interest or penalty payable by him under this Act. (4) Where by reason of an ordet under sub-section (3), the security furnished by such owner is rendered insufficient, he shall make up the deficiency in such manner and within such tune as may be prescribed. (5) The licensing offiCe!: nlny, 011 an application by such owner release tbe security fumjshed by him or any part thereof, ifthe same IS no longer required to be retained for the purposes of this Act. 7-8. (I) An owner of a transport vehicle may be required 10 maintain such accounts as may be prescribed and 10 submil the same to the licensing officer as and when required_ (2) If the Licensmg officer is satisfied that tax has not been correctly paid or the owner has nol furnished declaration as provided in sub-section (I) of section 4-A or has given inaccurate particulars in the declaration, he shall, alter giving the owner a reasonable opportunity of being beard, proceed to detennine the amount of tax due and recover the same. • Offence5 and Penaltie5. • 10 and after giving the owner a reasonable opportunity in the prescribed manner of being heard, proceed to re-detennine the tax payable. (2) The hcensillg officer, may, at any time, within one year from the date of any order passed by him and subject to such conditions as may be prescribed rectify any clerical or arithmetical error apparent from the record.] 1(8. (1) Whoever- (a) keeps in hiS possession or control any motor vehicle, in the State, without havmg paid the amount oftax due in accordance with the provisions of this Act in respect of such vehicle or keeps the motor vehicle for use withoul having proper licence or furnishes a declaration under section 4 or section 4-A.whcrem the particulars requITed by or under this Act 10 be furnished, are nol fully and tru.ely stated; or (b) fails to !:'top the motor vehicle when requIred to do so by the said officer or obslI"Ucts any officer in the exercise of the powers conferred by section 14-B, shall on convicllon be punishablt: wilh fine, which may extend to a sum equal 10 twice the average monthly tax payable, m respect of such vehicle, or rupees five thousand, whichever is more. (2) Whenever, the licensing officer detemtines or re-detenmnes the tax 10 respect ofa transport vehicle under section 7-B or in respect of an owner of motor-vehicle under section 7-C. 3S the case may be, which such owner was liable to pay, and has not paid, the Iir.;ensing officer, may, aner giving an opportunity of being heard, also direct that such owner shall pay in the prescribed manner by way of penally, a s~m not exceeding five times the amount of tax sc. assessed subjet':t to a minimum of five thousand rupees. (3) If a person (a) falls to furnish a det':laration in accordance with the provisIOns of this Act, or (b) furnIshes a declaration wherein particulars prescnoed to be therein, are not fully and truly stated, the licensing officer may' after makmg such enquiry, as he deems fit and after hearlOg the person, if he desires 10 be heard, impose on such person any tax or additional tax for such quarterly period or periods, as the licensing officer may find thaI such person is liable to pay under Ihe proviSions of this Acl and may also Impose a penalty, which may exlend to Iwice the anlounl of the tax to which he is found liable. y I IlUCrled by Ptlnj.llb Act n or 1993. $CClkltl 8 , II ... (4) Whoever conlravenes or fails to comply with any of tbe provisions of thIS Act, (IT the rules made thereunder or any order or direction, made or given thereunder, in respect of tax liable on a transport vehjcle shall be liable to lmposition of penalty not exceeding five thousand rupeeS' but not less than one thousand rupees: Provided that before imposing such penalty a reasonable opportunity of being heard shall be given to the person concerned. (5) Whoever contravenes any of the provisions of this Act, or any rules made thereunder, and no penalty is provided for such contravention, shall on conviction be punishable with a fine, which may extend to five hundred rupees and in the event of such person. baving previously been convicted of an offence under this Act, or the rules made thereunder, with fUle which may extend to one thousand rupees.