53. Furnishing of audit report and conditions to maintain accounts in different form and manner -

(1) Every dealer required to furnish audit report under sub-section (2) of section 41 shall furnish such report in form 50 to the appropriate Commercial Tax Officer along with the statement in form 18.

(2) If the Commissioner considers it necessary that a dealer or class of dealers shall maintain accounts including records of sale or purchase in a particular form, he shall, after recording reasons therefor in writing -

(i) by issue of an order in form 51 to such dealer, or

(ii) by issue of a notification under sub-section (2) of section 41 to such class of dealers,

direct to maintain accounts in the form appended to the order/notification after the expiry of the month following that in which such order or notification is made or issued.