After determining the amount of late fee, as referred to in subsection (2) of section 32, payable by a dealer-

(a) where it is required to issue a notice in Form 24, the appropriate assessing authority shall serve upon such dealer a notice in such form directing him to pay te amount of late fee, as referred to in sub-section (2) of section 32, payable by him by the date specified in such notice and he shall also fix a date on which the dealer shall produce the receipted challan in proof of such payment;

(b) where it is required to issue a notice in Form 27, the appropriate assessing authority shall serve upon such dealer a notice in such Form directing him to pay the amount of late fee, as referred to in sub-section (2) of section 32, payable by him by the date specified in such notice and he shall also fix a date on which the dealer shall produce the receipted challan in proof of such paymnt.

(2) The appropriate assessing authority shall fix such dae not less than, thirty days from the date of service of the notice in Form 27, or fifteen days from the date specified in the notice in Form 24 after which the said Form 24 will be converted into a notice of demand, for payment of late fee, as referred to in sub-section (2) of section 32, payable by a dealer according to such notice:

Provided that, where on account of delay in service of the notice in Form 27, the dealer is denid of the minimum time of thirty days for compliance with such notice, he may, on application filed within ten days from the date of receipt of such notice, be allowed such further time as falls short of thirty days from the date of service of such notice.