The taxes or other amounts due under the Act shall be paid -
(a) by remittance into State Bank of India or any other Bank authorised by the Government from time to time; or
(b) by remittance in cash into a Government Treasury or to the assessing authority or other officers empowered to make the demand or authorised to make the collection; or
(c) by means of a crossed cheque in favour of the assessing authority drawn on any one of the Banks situated within the city/town where office of the assessing authority is situated; or
(d) by means of a crossed demand draft or a banker's cheque drawn in favour of the assessing authority.; or (e) by any other mode as authorised by the Government from time to time:
Provided that the method of payment by means of cheque shall not be applicable to the casual traders and to the dealers whose cheque got dishonoured for want of funds on more than one occasion.