Payment and recovery of tax

(5) Every dealer liable to pay tax under sub-sections (1) and (2) of this section shall pay the tax into a Government treasury or in such other manner as may be prescribed, and shall produce the proof of payment to the prescribed authority within the time allowed. If a dealer fails to pay the tax, the prescribed authority shall recover the amount of tax, together with any penalty or interest, under the provisions of the Jharkhand Value Added Tax Act, 2005. Except a proceeding under sub-section (5) of section 11 and sub-section (1) and (2) of section 13, no proceeding for assessment of the tax payable by an assessee under this Act in respect of any period shall be initiated and completed except before the expiry of two years from the expiry of such period; Provided that a proceeding for re-assessment in pursuance of or as a result of an order on appeal, revision and reference or review shall be initiated and completed before the expiry of two years from the date of communication of such order to the assessing authority. Provided further while computing the period of limitation specified for assessment or reassessment, as the case may be, the time during which any assessment or reassessment proceeding remained pending for disposal or stayed under the order of a competent Court shall be excluded.