(1) In this Chapter “tax deficiency” means the difference between the tax properly payable by the person in accordance with the provisions of this Regulation and the amount of tax paid by the person in respect of a calendar month.
(2) Where two or more penalties arise under this Regulation in respect of the same person, such person shall be liable to pay only the higher penalty.
87. Where a person who is required to be registered under this Regulation has failed to apply for registration within one month from the day on which the requirement arose, Ruling on general questions.
Interpretation.
Penalty for nonregistration.
SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 51 such person shall be liable to pay, by way of penalty, an amount equal to five hundred rupees per day from the day immediately following the expiry of the said period until such person makes an application for registration in such form, containing such particulars and information and accompanied by such fee, security and other documents as may be prescribed:
Provided that the amount of penalty payable under this sub-section shall not exceed an amount of fifty thousand rupees.
88. If, a registered dealer fails to comply with the provisions of sub-section (1) of section 21, he shall be liable to pay, by way of penalty, a sum of two hundred and fifty rupees per day of default subject to a maximum of five thousand rupees.
89. If a registered dealer—
(a) fails to comply with the provisions of sub-section (2) of section 22; or
(b) fails to surrender his certificate of registration as provided in sub-section
(7) of section 22, the registered dealer shall be liable to pay, by way of penalty, a sum equal to five hundred rupees for every day of default subject to a maximum of fifteen thousand rupees.
90. If any person falsely represents that he is registered as a dealer under this Regulation, he shall be liable to pay a penalty equal to the amount of tax wrongly collected or fifty thousand rupees, whichever is higher.
91. Where a person—
(a) has applied for registration under sub-section (4) of section 18;
(b) has been registered; and either—
(i) has failed to undertake activities which would make the person a dealer within the period specified in his application; or
(ii) has failed to comply with any of the restrictions or conditions subject to which such registration was granted, such person shall be liable to pay a penalty of five thousand rupees.
92. If a person required to furnish a return under Chapter V—
(a) fails to furnish any return by the due date; or
(b) fails to furnish with a return any other document that is required to be furnished with the return; or
(c) being required to revise a return already furnished, fails to furnish the revised return by the due date; or
(d) fails to comply with a requirement in a notification issued under section 70, such person shall be liable to pay, by way of penalty, a sum of two hundred and fifty rupees per day from the day immediately following the due date until the failure is rectified:
Provided that the total amount of penalty payable under this sub-section shall not exceed twenty-five thousand rupees.
93. Any person who—
(a) furnishes a return under this Regulation which is false, misleading or deceptive in a material particular; or Penalty for contravention of section 21.
Penalty for contravention of section 22.
Penalty for false representation.
Penalty for non-compliance of certain conditions.
Penalty for failure to furnish return.
Penalty for filing false return.
52 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—
(b) omits from a return furnished under this Regulation any matter or thing without which the return is false, misleading or deceptive in a material particular, shall be liable to pay, by way of penalty, a sum of five thousand rupees or the amount of the tax deficiency, whichever is higher.