Section 56
Liability of any person to pay full duty or penalty unaffected by erroneous assessment
ActIn forceProvision 75 of 123
Section 56
The liability of any person to pay the full amount of duty or penalty due on any instrument is not affected by any erroneous or under assessment of that duty or penalty or the failure to assess that duty or penalty by the Commissioner, and the correct amount of duty or penalty due on the instrument is recoverable by the Commissioner.