Law · Excise Act - Penalties & Offences
Under Section 64 of the Excise Act, what is the prescribed fine range for a licensee who is found guilty of a willful contravention of an excise rule?
- 1₹5,000 to ₹15,000
- 2₹2,000 to ₹10,000
- 3₹500 to ₹1,000
- 4₹1,000 to ₹5,000✓
Correct answer
₹1,000 to ₹5,000
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