Amendment status not verified — confirm the current text below against the official source.
(1) If the Commissioner is satisfied that a return furnished by a dealer under section 7 in respect of any quarter is correct and complete , he shall , by an order in writing , assess the dealer and determine the tax payable by him on the basis of such return. (2) If the Commissioner is not satisfied that a return furnished under section 7 is correct and complete , he shall serve on the dealer, a notice, requiring him on the date and hour and place specified which therein either to attend in [person or to produce any evidence on which he may rely in support of his return. (3) On the day specified in the notice, under sub-section (2) of as soon afterwards as may be, the Commissioner, after hearing such evidence as the dealer may produce and such other evidence as the Commissioner may require shall, by an order in writing, assess the dealer and determine the tax payable by him on the basis of such assessment. (4) If a dealer fails to make a return as required by sub-section (1) or sub-section (2) of section 7, as the case may be, or having made the return, fails to comply with all the terms of the notice issued under sub-section (2) of this section, the Commissioner shall by an order in writing, assess to the best of his judgment the dealer and determine the tax payable by him on the basis of assessment. Provided that before making the assessment, the Commissioner may allow the dealer such further time as he thinks fit to make the return or to comply with the return of the notice issued under sub-section (2) of this section. Cancellation of Assessment