[7-A. Period specified for payment of tax.–– Notwithstanding anything contained in this Act, if any tax or other amount due under this Act is not paid within the time fixed for the payment thereof or within a period of three months from the date of demand whichever is earlier, the person from whom the tax or other amount is due shall be liable to pay in addition to the tax or amount due, a sum equal to 2 of such tax or amount for each month or part thereof, after the period specified for its payment.]
Section 7-A: Period specified for payment of tax.
The Jammu and Kashmir Motor Vehicles Taxation Act, 1957Union territory Act of Jammu and Kashmir · Act 26 of 1957
Where this provision sits
| Act | The Jammu and Kashmir Motor Vehicles Taxation Act, 1957 |
|---|---|
| Section | 7-A |
| Marginal note | Period specified for payment of tax. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act XIV of 1974. 7-A inserted by Act XIV of 1974, s. 6.
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