Amendment status not verified — confirm the current text below against the official source.
(1) Any dealer who, without reasonable excuse,— (a) refuses to sell any scheduled article, or (b) refuses to sell any scheduled article at the price or rate fixed in respect thereof under section 3, shall be punishable with rigorous imprisonment which may extend to two years or with fine or with both. Explanation.—The possibility or expectation of obtaining a higher price for a scheduled article at a later date shall not be deemed to be a reasonable excuse for the purposes of this section. (2) Any purchaser who purchases any scheduled article at any price less than the minimum price fixed therefor under section 3 shall be punishable with rigorous imprison- ment which may extend to two years or with fine or with both. Dealer to submit returns, maintain amounts, o furnish 'firforma- ton, etc'