The Central Board of Indirect Taxes and Customs vide its notification dated 10th November 2020 has notified that 10th November 2020 as the date on which amendment in section 39 of Central Goods and Services Tax Act, 2017 will be made applicable.
Section 39 explains about Furnishing of returns in which the amended sub-sections states that every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10 or section 51 or section 52 shall, for every calendar month or part thereof, furnish, a return, electronically, of inward and outward supplies of goods or services or both, input tax credit availed, tax payable, tax paid and such other particulars, in such form and manner, and within such time, as may be prescribed.
Further every registered person who is required to furnish a return, shall pay to the Government the tax due as per such return not later than the last date on which he is required to furnish such return.
