Default in payment of tax

(1) Where any tax is in default the proprietor shall pay in addition to such tax– (a) a penalty of a sum equivalent to ten per centum of such tax; and (b) where such tax is not paid (together with the penalty) before the expiry of thirty days after such tax has begun to be in default, a further penalty of a sum equivalent to five per centum of such tax in respect of each further period of thirty days or part thereof during which such tax is in default. (2) The Minister may, on a request made to him in that behalf, waive or reduce the amount of any such penalty payable by the defaulter under sub-section (1) if such defaulter proves to the satisfaction of the Minister that the failure to pay was due to circumstances beyond his control, 25 provided that the defaulter shall, before making such a request, pay the amount due as tax and furnish the statement required to be furnished at the time of such payment. taxes.