Amendment status not verified — confirm the current text below against the official source.
(1) The person on whom conversion charge is assessed shall pay the amount within such date, not more than sixty days from the date fixed by the Commissioner to a Treasury or the Reserve Bank of India, and upon such payment the Commissioner shall grant a certificate to the effect that the conversion charge has been paid. (2) In the event of non-payment of conversion charge within the due date, the Commissioner may, after giving an opportunity to the assessee of being heard, impose a penalty not exceeding one and a half times the 27 Assessment of deve- lopment charge. Payment of development charge. Assessment of conver- sion charge. Payment of conversion charge. The West Bengal Urban Land Taxation Act, 1976. Commissio- ner's powers to extend date. [West Ben. Act (Chapter VI. Assessmentand collection of charges.—Sections 20, 21.— Chapter VII.— Appeal, revision and review.—Section 22.) conversion charge, and such penalty together with the conversion charge shall then be deposited in a Treasury or in the Reserve Bank of India within such date as may be fixed by the Commissioner in this behalf.