(1) Where a dealer or a casual trader or any person on behalf of such dealer or casual trader is required to make payment of tax, penalty or interest, payable by, or due from, such dealer or casual trader, as the case may be, under the Act or rules made thereunder, to the Reserve Bank of India or to the appropriate Government Treasury, he shall obtain the challans for this purpose from any Government Treasury or from the office of any Senior Joint Commissioner or Joint Commissioner.

(2) Such challans, in quadruplicate, shall be filled up and signed by the dealer or casual trader or the authorised representative of such dealer or casual trader and shall be presented to the Reserve Bank of India or the appropriate Government Treasury.

(3) Separate challans shall be used by a dealer for the purpose of making payment of interest payable by, or due from him.

(4) One copy of such challans evidencing payment of tax, penalty or interest shall be retained by the Government Treasury, one copy of such challans shall be sent to the appropriate assessing authority and the other two copies shall be returned to the dealer or to the casual trader, as the case may be, duly signed, as proof of payment.

(5) Notwithstanding anything contained in the provisions of sub-rule (1), sub-rule (2), sub-rule (3) and sub-rule (4), a registered dealer may make payment of tax, penalty or interest, payable by, or due from, him under the Act or rules made thereunder, electronically through the concerned web sites of such banks authorised by the Government under item (c) of sub-clause (i), and sub-clause (ii), of clause (d) of sub-rule (1) of rule 2, to accept deposits for payments having provisions for accepting deposits for payments electronically, or through the concerned web site of the Kolkata branch of the Reserve Bank of India referred to in item (b) of sub-clause (i) of clause (d) of sub-rule (1) rule 2 having provisions for accepting deposits for payments electronically.

(6) Notwithstanding anything contained in sub-rule (5),-

(a) where the amount of tax or the aggregate of the amounts of tax, paid by a registered dealer, required to furnish return under rule 152, rule 153 or rule 154, in the year ending on the 31st day of March, 2009 in respect of the return or returns, as the case may be, for any year or years exceeds rupees ten lakh, such registered dealer shall make payment of tax, interest or penalty, payable by, or due from, him under the Act or rules made thereunder electronically through the concerned web sites of such banks as referred to in sub-rule (5) on and from the 1st day of November, 2009 until such time the certificate of registration granted to such dealer is cancelled under sub-section (10), or sub-section(11), of section 26, or under sub-section (2), or sub-section (5), or sub-section (6), of section 27;

(b) where the amount of tax or the aggregate of the amounts of tax, paid by a registered dealer, required to furnish return under rule 152, rule 153 or rule 154, other than the registered dealer referred to in clause (a), in a year which commences on or after the 1st day of April, 2009, in respect of the return or returns, as the case may be, for any year or years exceeds rupees ten lakh in such year, such registered dealer shall make payment of tax, interest or penalty, payable by, or due from, him under the Act or rules made thereunder electronically through the concerned web sites of such banks as referred to in sub-rule (5) from the first day of the year immediately following such year until such time the certificate of registration granted to such dealer is cancelled under sub-section (10), or sub-section(11), of section 26, or under sub-section (2), or sub-section (5), or sub-section (6), of section 27.