Section 105 - Amendment of section 39

Return payment obligation revised to require payment equal to tax due or a prescribed alternative; filing flexibility expanded.

Amendments to section 39 require that a registered person furnishing a return under the proviso to sub-section (1) shall pay, as prescribed, either an amount equal to the tax due taking into account inward and outward supplies, input tax credit availed and tax payable for a month or an amount determined in the prescribed manner subject to prescribed conditions; they also amend due-date wording to 'the thirtieth day of November' and add a proviso permitting the Government by notification to allow return furnishing despite non-filing of prior returns or outward-supply details, subject to conditions and restrictions.