Manner of imposition of penalty on registered dealer for failure to furnish information under section 27A, 27B, 27C and 27D.

14. (1) Where a dealer registered under the Act, fails to submit any information under section 27A, section 27B, section 27C and section 27D, within the time specified in rule 12 or rule 13, as the case may be, and where it appears to the appropriate assessing authority that such default was without any reasonable cause, and such dealer is liable to pay penalty under section 27E, such assessing authority shall serve a notice in Form No. 8 directing him to appear in person or through his agent and show cause on the date, time and at the place specified in such notice as to why a penalty as proposed in the notice, shall not be imposed on him.

(2) The appropriate assessing authority shall fix a date of hearing ordinarily not less than fifteen days from the date of issue of such notice.

(3) The registered dealer may, if he so wishes, prefer in writing any objection on the imposition of penalty on or before the date of hearing or adduce such evidence as he likes to produce in support of his contention on such date of hearing.

(4) The appropriate assessing authority, after considering cause, if any, shown by the dealer in pursuance of the notice referred to in sub-rule (1), may, by an order in writing, impose such amount of penalty as he deems fit and proper subject to section 27E and shall serve a notice in Form No. 9 upon the dealer directing him to pay the amount of penalty so imposed specifying the date, not less than twenty days after the service of the notice, by which the payment shall be made and the date by which the receipted challan in proof of such payment shall be produced before the said authority.