82. Option to pay a lump-sum amount in lieu of penalty levied under section 21, 52, 55 and 57 M.P. VAT RULES

82. Option to pay a lump-sum amount in lieu of penalty levied under section 21, 52, 55 and 57       (1) A dealer on whom a penalty has been imposed under sub-section (2) of section 21 or sub-section (2) of section 52 or clause (c) of sub-section (6) of section 55 may, if he so desires, give an option under sub-section (4) of section 21 or sub-section (4) of section 52 or clause (ea)of sub-section (6) of section 55 respectively to the authority imposing such penalty, after payment of the lump-sum amount specified in the sub-section. Such option shall be given in form 65, before the expiry of the period specified in the notice of demand for the payment of the penalty imposed.   (2) A transporter on whom a penalty has been imposed under sub-section (13) of section 57 may, if he so desires, give an option under sub-section (19) of section 57 to the authority imposing such penalty, after payment of the lump-sum amount specified in the sub-section. Such option shall be given in form 66, before the expiry of the period specified in the notice of demand for the payment of the penalty imposed.