Determination of amount payable by the applicant

(1) Save as otherwise provided in the proviso to sub-section (1) of section 8 of the West Bengal Sales Tax (Settlement of Dispute) Act, 1999, every applicant shall, before making the application under section 4 for settlement of any arrear tax, penalty or interest in dispute for any period, pay the amount calculated at the rate specified in section 6 into the Reserve Bank of India or any appropriate Government Treasury in such manner as is specified in the relevant Act. (2) A copy of duly receipted challan evidencing payment of the amount payable for settlement shall be furnished to the designated authority along with the application made under section 4.