(1) Any amount-

(a) of net tax or any other tax payable or due, for a tax period or payable according to a return referred to in sub-section (1) of section 32, or

(aa) of late fee payable or due under this Act, or,

(b) of the interest payable under section 33 or section 34 or section 34A, or

(c) of tax payable after assessment under section 45, or section 46, or section 48, or

(d) of penalty imposed under any provisions of this Act, or

(e) other than those referred to in clause (a), clause(aa), clause (b), clause (c), or clause (d), payable under this Act,

shall be paid into an appropriate Government Treasury, in such manner, at such interval, and within such time, as may be prescribed.

(2) Where the payment under sub-section (1) is required to make electronically and the dealer makes such payment by any other means, the Commissioner may direct the dealer to pay by way of penalty an amount not exceeding rupees one thousand for each such payment:

Provided that the Commissioner may waive such penalty if it is proved to him that the circumstances under which the payment was made by the dealer other than by electronic means was beyond his control.