Section 15, The Finance Act, 2015

Section 61 of the Goods and Services Tax Act, 2009 isamended by repealing and replacing that section with the following new section– 61. (1) A person who fails to notify the Commissioner-General of a change of name under subsection (10) of section 16 or cancellation of registration under subsection (1) of section 17 commits an offence and is liable to a fine of Le5,000,000.00. (2) Where such failure is connected with any tax evasion or fraud, that person shall on con viction be liable to a fine n ot exceeding Le 2 0,0 00 ,00 0.00 or 100% of the tax evaded, whichever is greater or to imprisonment for a term of not less than 1 year but not exceeding 2 years or both such fine and imprisonment.”