Value-Added Tax (Amendment) Act, 1978

Amendment of section 19 of Principal Act.

16.—Section 19 of the Principal Act is hereby amended by the substitution of the following subsection for subsection (3):

“(3) Within 9 days immediately after the tenth day of the month immediately following a taxable period, a taxable person shall furnish to the Collector-General a true and correct return prepared in accordance with regulations of the amount of tax which became due by him during the taxable period, not being tax already paid by him in relation to goods imported by him, and the amount, if any, which may be deducted in accordance with section 12 in computing the amount of tax payable by him in respect of such taxable period and such other particulars as may be specified in regulations, and shall at the same time remit to the Collector-General the amount of tax, if any, payable by him in respect of such taxable period.”.