(1) Unless the final order is made with the consent of the parties, any person aggrieved by a final order made by an assessing officer under section 126 of the Act, may, within 30 days of the order, file an appeal before the appellate authority.
(2) No appeal shall be entertained unless an amount equal to 1 [half] of the assessed amount is deposited in cash or bank draft with the licensee and documentary evidence of such deposit has been enclosed alongwith the appeal.
(3) The appeal shall be made in the form specified in the Schedule.
(4) The Memorandum of Appeal shall be signed and verified in the manner specified in the Schedule.
(5) The appeal shall be accompanied by the following fee payable in cash or bank draft drawn in favour of appellate authority:- Amount Assessed Fee Upto Rs. 1,00,000 3% of the assessed amount subject to minimum of Rs. 500/- Above Rs. 1,00,000 1.5% of the assessed amount subject to minimum of Rs. 3000/-