[20. Charge on the property of defaulter and levy of interest for delayed payment of tax.
(i) the whole of the amount outstanding on the date of default shall become immediately due and shall be charge on the properties of the person or persons liable to pay the tax under this Act; and
(ii) the [hotelier or proprietor as the case may be] or the person shall be liable to pay by way of simple interest, in addition to the amount of such tax, sum equal to,-
(a) one and half percent of the amount of such tax for each month, for the first three months after the last date by which he should have paid such tax;
(b) two percent of such amount for each month subsequent to the first three months as aforesaid.
Explanation.
Section 19 • The Goa Tax on Luxuries Act, 1988
19. Rounding of tax, etc.
the-goa-tax-on-luxuries-act-1988-sec-19.json
•
Section 19
{
"act_title": "The Goa Tax on Luxuries Act, 1988",
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"section": {
"number": "19",
"title": "19. Rounding of tax, etc.",
"chapter": null,
"content": "[20. Charge on the property of defaulter and levy of interest for delayed payment of tax.\n(i) the whole of the amount outstanding on the date of default shall become immediately due and shall be charge on the properties of the person or persons liable to pay the tax under this Act; and\n(ii) the [hotelier or proprietor as the case may be] or the person shall be liable to pay by way of simple interest, in addition to the amount of such tax, sum equal to,-\n(a) one and half percent of the amount of such tax for each month, for the first three months after the last date by which he should have paid such tax;\n(b) two percent of such amount for each month subsequent to the first three months as aforesaid.\nExplanation.",
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