Section 65. Penalty for refusal to give receipt, and for devices to evade duty on receipts.

Any person who,— (a) being required under section 30 to give a receipt, refuses or neglects to give the same ; or (b) with intent to defraud the 1[Government of the Union territory of Jammu and Kashmir] of any duty, upon a payment of money or delivery of property exceeding 2[five thousand rupees] in amount or value, gives a receipt for an amount or value not exceeding 2[five thousand rupees], or separates, or divides the money or property paid or delivered ; shall be punishable with fine which may extend to 3[five times the amount of stamp duty or one thousand rupees, whichever is higher].