53A Determination of late fee referred to in sub-section (2) of section 32

(1) Where the Commissioner is satisfied that a dealer is liable to pay late fee referred to in sub-section (2) of section 32, he shall, in such manner as may be prescribed, determine the amount of late fee payable by such dealer.

(2) Where during the determination of late fee under sub-section (1), it is found that any additional amount of late fee is payable by the dealer or any excess amount of late fee is refundable to the dealer, the Commissioner shall issue a notice in such Form, and in such manner, as may be prescribed, to such dealer directing him to pay such additional amount or informing him of excess amount paid, as the case may be.

(3) No determination of late fee under sub-section (1) in respect of late fee payable shall be made after the date of assessment under section 45 or section 46 or section 48, as the case may be, in respect of the period for which late fee is determined.