Supplementary Provisions, Article 12Transitional Measures Concerning Light Oil Delivery Tax

The provisions of Article 144-47, paragraph (4) and Article 144-48, paragraph (3) of the New Act apply to light oil delivery tax for which the deadline for filing the return prescribed in Article 144-47, paragraph (1) or Article 144-48, paragraph (2) of the New Act arrives on or after the date of enforcement of the provisions listed in Article 1, item (ii) of the Supplementary Provisions. In this case, the additional charge for failure to file prescribed in Article 144-47 of the Former Act (excluding that to which Article 144-47, paragraph (4) of the Former Act applies) or the substantial additional charge prescribed in Article 144-48 of the Former Act, pertaining to light oil delivery tax for which the deadline for filing arrived before that date, is deemed to be the additional charge for failure to file, etc. prescribed in Article 144-47, paragraph (4) of the New Act.