Section 72 of NDPS Act, 1985 : Section 72: Recovery Of Sums Due To Government
NDPS Act, 1985
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Explanation using Example
Imagine a pharmaceutical company that has obtained a licence to manufacture a controlled substance used in pain medication. The company is required to pay an annual licence fee to the Central Government as per the conditions of the licence. However, the company fails to pay this fee on time. Under Section 72(1) of The Narcotic Drugs and Psychotropic Substances Act, 1985, the government official responsible for overseeing licence fees can directly deduct the overdue amount from any pending payments the government owes to the pharmaceutical company, or...
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