37 Mode of payment and procedure thereafter

37. Mode of payment and procedure thereafter.

 (1) Any amount payable by a person in respect of tax, interest, penalty, registration fee or any other liability, shall be paid into the appropriate Government Treasury.

  (2) Eighty-nine percent of the payments payable under the Act or these rules, shall be made in the challan form VAT-2, and eleven percent of such payments, shall be made in form VAT-2A .These forms shall be available free of cost at the office of the District Excise and Taxation officers.

   (3) Challan in Form VAT – 2, shall be filled in Five parts, Part ‘A’ of the Challan shall be retained by the Bank, Part ‘B’ of the challan shall be retained in the Treasury, Part 'C' of the challan shall be sent by the Treasury Officer to the District Excise and Taxation office, part 'D' and part 'E' of the challan shall be returned to the depositor duly signed as token of proof of payment .

   (4) Where the amount payable by a person is paid into a branch of the State Bank of Patiala or any branch of a Scheduled Bank, authorised to transact the Government business, as approved by the Reserve Bank of India, the manager thereof, shall return to the person, duly signed, as token of proof of payment, parts ‘D’ and ‘E’ of the challan form and forward parts ‘B’ and ‘C’ of the challan form, along-with a detailed list of deposits, to the Treasury Officer of the district, in which the branch is situated, on the first day of the following month. Part 'A' of the challan shall be retained in the Bank.

(5) The Treasury Officer of the district, shall retain part ‘B’ of the challan form and forward part ‘C’ thereof to the District Excise and Taxation Office.

 

   (6) There shall be maintained in the Excise and Taxation Office of each district, a Daily Collection Register in Form VAT-54, wherein particulars of every challan received in proof of payment of tax or penalty or any other amount due under the Act, shall be recorded.