1[12C. Payment of market fees and other dues payable under the Act.-- (1) The market fees assessed under this Act and the penalty levied under sub-sections (3), (4) and (5) of section 12B shall be paid by the trader in such manner and within such time not being less than fifteen days from the date of service of the notice of assessment or the levy of penalty as may be specified in such notice.
(2) The Director of Marketing may by general or special order permit the payment of any market fees or penalty or both assessed or levied under this Act in two or more installments within such intervals as may be specified in the said order.
(3) If the market fees assessed under this Act or, any installment thereof is not paid by any trader within the time specified therefor in the notice of assessment or in the order permitting payment in installments the trader shall pay in addition to the amount of such market fees or installment, interest at the rate of twelve percent per annum of such amount from the date when the market fees becomes due.
(4) If the market fees assessed or the penalty levied under this Act or any installment thereof is not paid by any trader within the time specified therefor, the whole of the amount then remaining unpaid, may be recovered from him as if it were an arrear of land revenue.
(5) The penalty payable under this Act shall be without prejudice to the institution of any proceedings for an offence under this Act, or for the recovery of the entire amount remaining unpaid under sub-section (4).]
(2) The Director of Marketing may by general or special order permit the payment of any market fees or penalty or both assessed or levied under this Act in two or more installments within such intervals as may be specified in the said order.
(3) If the market fees assessed under this Act or, any installment thereof is not paid by any trader within the time specified therefor in the notice of assessment or in the order permitting payment in installments the trader shall pay in addition to the amount of such market fees or installment, interest at the rate of twelve percent per annum of such amount from the date when the market fees becomes due.
(4) If the market fees assessed or the penalty levied under this Act or any installment thereof is not paid by any trader within the time specified therefor, the whole of the amount then remaining unpaid, may be recovered from him as if it were an arrear of land revenue.
(5) The penalty payable under this Act shall be without prejudice to the institution of any proceedings for an offence under this Act, or for the recovery of the entire amount remaining unpaid under sub-section (4).]
Source footnotes
1. Section 12C with marginal heading inserted by Act No.4 of 1987.आगे पढ़ें / Continue reading
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Declaration of notified area.Section 4 · Constitution of a market committee and declaration of notified market area.Section 5 · Composition of market committee.Section 5A · Constitution of market committee for Special Markets.Section 6 · Reconstitution of the market committee.Section 6A · Power of Government or the Director of Marketing to suspend the Chairman of the Market Committee.India Code, Government of India. Text fetched 12 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.