Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of section 21 of Act. No. 69 of 1981
| 2. Section 21 of the Turnover Tax Act, No. 69 of 1931 (hereinafter referred to as "the principal enactment") is hereby amended by the repeal of all the words from " wilful. neglect" to the end of that section and the substitution, of the following therefor: " " wilful neglect involved in the disclosure of the turnover made by that person in. his return or in the application of the rates of turnover tax to such turnover, in writing, order that person to pay as a penalty for making an incorrect return or for applying an incorrect rate of turnover tax to the turnover set out in his return, a sum not exceeding two thousand rupees and a sum equal to twice the amount of the difference between the total turnover tax claimed in the assessment and the turnover tax paid on the return." |