(a) Whoever wilfully makes any false or untrue statement on his return shall be guilty of a misdemeanor, and upon conviction thereof, shall be sentenced to pay a fine of not more than two thousand dollars ($2000), or to undergo imprisonment for not more than one (1) year, or both.

(b) Whoever wilfully fails or refuses to appear before the collector in person with his books, records or accounts, for examination when required under the provisions of this act to do so, or who wilfully refuses to permit inspection of the books, records or accounts of any business in his custody or control, when the right to make such inspection by the collector is requested, shall be guilty of a misdemeanor, and upon conviction thereof, shall be sentenced to pay a fine of not more than five hundred dollars ($500), or to undergo imprisonment for not more than six (6) months, or both.

(c) Whoever wilfully fails or refuses to file a return required by this act and containing the information required by this act shall be guilty of a misdemeanor, and upon conviction thereof, shall be sentenced to pay a fine of not more than five hundred dollars ($500), or to undergo imprisonment for not more than six (6) months, or both.

(d) Whoever being required under the provisions of this act to procure a mercantile license, and who wilfully fails or refuses to do so, shall be guilty of a misdemeanor, and upon conviction thereof, shall be sentenced to pay a fine of not more than five hundred dollars ($500), or to undergo imprisonment for not more than six (6) months, or both.

(e) Whoever being required under the provisions of this act to keep his license conspicuously posted at his place of business for which issued and fails to do so, shall, upon summary conviction thereof, pay a fine of not more than one hundred dollars ($100) and costs of prosecution or in default of payment thereof, shall undergo imprisonment for not more than thirty (30) days.