Any person responsible for collecting any tax administered by the Department or the
Division of Motor Vehicles who overcollects such tax and fails to account for and
pay such overcollection to the appropriate state agency by the time his regular monthly
or quarterly return is due shall be liable for the amount of such overcollection,
and in addition a penalty of twenty-five percent of such overcollection. The Commissioner administering such tax may waive such penalty for good cause.
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