54.
Penalty
for failure to use or misuse of TIN & GRN
Any
dealer who is registered under Section 17 and who fails to use a TIN or GRN or
misuses a TIN or GRN contrary to the requirements of this Act or rules made
thereunder, shall be liable to pay a penalty of Rs. 1000/- (Rupees one thousand
only) for each offence:
Provided
that before levying penalty, the authority prescribed shall give the dealer a
reasonable opportunity of being heard.