(1) Every registered dealer shall furnish such returns for such periods in such form, to such authority and within such time as may be prescribed:
Returns and payment of tax.
Provided that if a dealer,· having furnished a return discovers any omission, error or wrong statement therein, he may furnish a revised return in such manner as may be directed by the aforesaid authority at any time before the said authority passes the order determining the amount of tax payable by the dealer for the period for which the return has been furnished:
Provided further that the said authority may, for reasons to be recorded and after gi ving the dealer a reasonable opportunity of being heard, refuse to take the revised return into consideration if it is satisfied that tbe original or the revised return was deliberately false and it was furnished with intent to defraud the State Government of its revenue.
Explanation.-A dealer who is granted registration from any particular date shall also be liable after the grant of such registration, to furnish return also for the period prior to such date during which he was liable to pay tax under this Act, in such manner and within such' time as may be prescribed.
(2) The dealer shall, before furnishing any return or revised return referred to in sub-section (I) pay to the Government in such manner and within such time as may be prescribed the amount of tax due under this Act according to the return or the revised return, as the case may be, and furnish along with the return or the revised return, such proof of the payment of tax due as may be prescribed, and any such return or revised return if not accompanied by any such proof of payment shall be deemed invalid and treated as if it has not been furnished,
(3) If a registered dealer fails, without reasonable cause to furnish any valid return within the time prescribed or within such further time as may be allowed on application, by the prescribed authority, a penalty at the rate not exceeding rupees five for each day of delay shall be imposed without prejudice to any action which 18 or may be taken under any of the other provisions of this Act.
] 2. A rebate shall be allowed at the rate of one per cent of the amount of tax paid by the dealer within the time prescribed under sub-section (2) of section 11 :
Rebate.
Provided that where the amount of tax finally assessed on the dealer is less than the tax paid by the dealer. the rebate shall be allowed only on the amount so assessed.