Where the Commissioner is satisfied that a dealer-
(a) has not maintained accounts or documents for ascertaining the net tax liability for a period; or
(b) has refused or has failed without reasonable cause, to produce such accounts or documents as are required to be produced under section 66 or in a proceeding for verification of return under section 42 or for audit under section 43 or for special audit under section 43A or for assessment under section 46 or section 48 or in appeal or revision or review or in a proceeding for imposition of penalty, under this Act; or
(c) has not provided he required facilities to access to his accounts and documents maintained in electronic form for examination for the purposes of this Act,
he may, in addition to any other action under this Act, impose for each such occasion a penalty of rupees ten thousand on the dealer in such manner as may be prescribed.