Amendment status not verified — confirm the current text below against the official source.
(1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically in such form and manner as may be prescribed on or before the thirty-first day of December following the end of such financial year. **[Provided that the Commissioner may, on the recommendations of the Council and for reasons to be recorded in writing, by notification, extend the time-limit for furnishing the annual return for such class of registered persons as may be specified therein: Provided further that any extension of time-limit notified by the Commissioner of Central Tax shall be deemed to be notified by the Commissioner.".] (2) Every registered person who is required to get his accounts audited in accordance with the provisions of sub-section (5) of section 35 shall furnish, electronically, the annual return under sub-section (1) along with a copy of the audited annual accounts and a reconciliation statement, reconciling the value of supplies declared in the return furnished for the financial year with the audited annual financial statement, and such other particulars as may be prescribed. ** Amended vide Act No. 1 of 2020 and it shall be deemed to have come into force w.e.f. 01-01-2020. 56 Final return