Sunday 8 January 2017

Section-39. Annual return

                  Section-39.                                               Annual return

(1) Every registered taxable person, other than an input service distributor, a person
paying tax under section 46 or section 56, a casual taxable person and a nonresident
taxable person, shall furnish an annual return for every financial year
electronically in such form and in such manner as may be prescribed on or before
the thirty first day of December following the end of such financial year.

(2) Every registered taxable person who is required to get his accounts audited under
sub-section (4) of section 53 shall furnish, electronically, the annual return under
sub-section (1) along with the audited copy of the annual accounts and a
reconciliation statement, reconciling the value of supplies declared in the return
furnished for the year with the audited annual financial statement, and such
other particulars as may be prescribed.


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