§ 20 — Recovery of tax and penalty, etc.

20.—(1) Despite the provisions of any other written law —(a)

any tax remaining unpaid;

(b)

any financial penalty imposed under section 17(4);

(c)

any amount demanded under section 17(4) that is not paid within the time specified in the demand; and

(d)

any amount of refund erroneously made or any amount equal to the carbon price of any fixed‑price carbon credit erroneously credited, mentioned in section 19,

is recoverable as a debt due to the Government and the Agency may, in the name of the Agency, sue for such tax, financial penalty or amount.

[Act 37 of 2022 wef 01/01/2024]

(2) For the purposes of section 33(2) of the Limitation Act 1959, any financial penalty imposed under section 17(4) is treated as interest on tax.

(3) To avoid doubt, section 6(4) of the Limitation Act 1959 does not apply to any financial penalty imposed under section 17(4).

—(1) Despite the provisions of any other written law —(a)

any tax remaining unpaid;

(b)

any financial penalty imposed under section 17(4);

(c)

any amount demanded under section 17(4) that is not paid within the time specified in the demand; and

(d)

any amount of refund erroneously made or any amount equal to the carbon price of any fixed‑price carbon credit erroneously credited, mentioned in section 19,

is recoverable as a debt due to the Government and the Agency may, in the name of the Agency, sue for such tax, financial penalty or amount.

[Act 37 of 2022 wef 01/01/2024]

(2) For the purposes of section 33(2) of the Limitation Act 1959, any financial penalty imposed under section 17(4) is treated as interest on tax.

(3) To avoid doubt, section 6(4) of the Limitation Act 1959 does not apply to any financial penalty imposed under section 17(4).