Amendment status not verified — confirm the current text below against the official source.
Every Generating Unit Which has defaulted to pay ' the tax or any part thereof Within such period after it has become due as may be prescribed, shall'be'liable to pay a penalty at the rate of a half per cent of the amount so defaulted for every defaulting day: ' ' .PrOVided that the GOvernment may, in special cases and for reasons to be recorded in writing, remit the Whole ' Or any portion of the penalty.