(1) Every registered dealer and every dealer liable to be registered under this Act shall submit a return in Form E6 to the assessing authority within a period of one calendar month of the expiry of each year:

Provided that every dealer who discontinues his business during the course of the year shall submit to the assessing authority a return in Form-E6 for the period up to and inclusive of the date of discontinuance, within one month from the date of such discontinuance.

(2) Every dealer, who submits a return under sub-rule(1) shall submit along with the return a receipt from the Government Treasury or crossed demand draft or banker's cheque or manager's cheque issued by a scheduled bank or a cheque marked or certified by such bank as good for payment in favour of the assessing authority for the balance amount of tax payable , if any, on the basis of the return.

(3) If no return is submitted by the dealer under sub-rule(1) within the time specified therein or if the return submitted by him appears to be incorrect or incomplete, the assessing authority may proceed to assess the dealer to the best of his judgement as per the procedure laid down in sub-rule(2) of the rule 10 and may also impose penalty as laid down in sub-section (5) of section 7 of the Act.