“(3A) Where the Authority referred to in sub-section (2), afterholding examination as required underthe said sub-section comesto the conclusion that any registered person has Profiteered undersub-section (1), such Person shall be. liable to pay penaltyequivalentto ten percent. ofthe amount so Profiteered:
Provided that no penalty shall be leviable if the’profiteeredamount is deposited within thirty daysofthe date ofPassingoftheorder by the Authority.
Explanation.—For the Purposes of this section, the expression“profiteered” shall mean the amount determined on account ofnot .
Amendment of notification number 111 issued under sub-section
(1)ofsection 11 of.
Manipur Goods and Services Tax Act,
22. (1) In the notification of the Government of Manipur in the iat: Finance Department (Expenditure Section) number 111, dated the} 28" June, 2017, issued by the State Government on the recommendationsofthe Council, under sub-section (1) ofsection:11 of the Manipur Goodsand Services Tax Act, 2017, in the Schedule,after S. No. 103 and the entries relating thereto, the following S. No. and the entries shall be inserted and shall deemed to have been inserted retrospectively with effect from the 1* day ofJuly, 2017, namely:— wm @) @) “103A , 26 - - Uranium Ore Concentrate”.
(2) Forthe purposes ofsub-section(1), the State Governmentshall have and shall be deemed .to have the power to amend the notification referred to in sub-section (1) with retrospective effect as if the State Governmenthad the powerto amendthe said notification under subsection (lj) of section 11 of the said Act, retrospectively, at all material times. .
(3) No refund shall be madeofall such tax which has been collected, but.which would rot have beenso collected, if the notification referred * to in sub-section (i) had been in forceat all material times.
i - NUNGSHITOMBI ATHOKPAM Secretary (Law) Governmentof Manipur.
Printed at the Directorate of. Printing & Stationery, Governmentof .Manipur/260-C/30-12-2019.
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