Penalty Provision. 16.9.1. Penalties for violation of the Tax Code shall be applied in accordance with the legislation operating at the moment of that violation. 16.9.2. Fines for undue payment of taxes and charges to budget shall be imposed at the rate stated by the Tax Code, operating on the day of payment these amounts. 16.9.3. Fines upon non-tax payments shall be imposed at the rates stipulated by the legislation operating at the moment of that violation.
Appears in 4 contracts
Samples: Contract for Exploration and Production of Hydrocarbons, Contract for Exploration and Production of Hydrocarbons (China Energy Ventures Corp), Contract for Exploration and Production of Hydrocarbons (China Energy Ventures Corp)
