Section 50(1)(b) in The Goa Value Added Tax Act, 2005
(b)omits from a statement made to a taxation officer or to such authorized officer any matter or thing without which the statement is misleading in a material particular, is guilty of an offence and liable on conviction to,-(i)where the statement or omission was made knowingly or repeatedly, a fine not exceeding Twenty five thousand rupees or to imprisonment for a term not exceeding six months, or both; or(ii)in any other case, a fine not exceeding Ten thousand rupees or to imprisonment for a term not exceeding one month, or both.