Net tax

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....n section 4  of this Act in respect of the taxable turnover arising in the tax period, adjusted to take into account any adjustments to the tax payable required by section 8  of this Act. I = the amount of the tax credit arising in the tax period to which the person is entitled under section 9 of this Act, adjusted to take into account any adjustments to the tax credit required by sec....

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.... at the end of a tax period and the Commissioner shall deal with the refund claim in the manner described in section 38 and section 39 of this Act. Explanation - 1. Refund can be claimed at the end of a tax period only. Explanation - 2. Excess payment made inadvertently shall also be treated as credit in a month or tax period as the case may be]]     ----------------------....

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....efore it was read as, " (b) be entitled to carry forward the amount remaining after application under sub-section (2)(a) to next calendar month or tax period, as the case may be, of the same year, or claim a refund of the amount remaining after application under sub-section (2)(a) at the end of a tax period of the same year and the Commissioner shall deal with the refund claim in the manner ....