Amendment status not verified — confirm the current text below against the official source.
In se¢tion 50 ofthe principal Act, in sub-section (1), the following, proviso be inserted, namely:— “Provided that the interest on tax payable iin respect of supplies mattees a tax period and declared in the return for the said furnished: after the due date in accordance with the provisions ofsection 39, exceptwhere such return is furnished after commencement ofany proceedings under section 3 or section 74 Amendment of. section 52 * Insertionofnew section 53A,_ Amendmentof section 54, Amendment of section 95. -6- in respect of the said period, shall be levied onthat portion ofthe tax that is paid by debitingthe electronic cash ledger.”.