https://www.taxtmi.com/acts?id=23233 Where no specific penalty is prescribed for a contravention of the Act or rules made thereunder, any person who contravenes such provision shall be liable to a prescribed monetary sanction as a residual enforcement measure; this residual penalty functions to secure compliance by covering gaps in the statute's separate penalty provisions and applies to any contravention for which the Act does not otherwise provide a distinct penalty. en-us Mon, 28 Nov 2016 11:50:20 +0530 Mon, 28 Nov 2016 18:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23233 Where no specific penalty is prescribed for a contravention of the Act or rules made thereunder, any person who contravenes such provision shall be liable to a prescribed monetary sanction as a residual enforcement measure; this residual penalty functions to secure compliance by covering gaps in the statute's separate penalty provisions and applies to any contravention for which the Act does not otherwise provide a distinct penalty. Act-Rules Bills Mon, 28 Nov 2016 11:50:20 +0530 https://www.taxtmi.com/acts?id=23233