Rule 6 - Return of taxable commodities transactions - Commodities Transaction Tax Rules, 2013

6. Return of taxable commodities transactions. ─ (1) The return of taxable commodities transactions required to be furnished under sub-section (1) of section 120 of the Act shall be in Form No. 1, verified in the manner indicated therein, and may be furnished in any of the following manners, namely:- (i) furnishing the return in paper form; (ii) furnishing the return electronically under digital signature: Provided that where the return is furnished in the manner provided in clause (i) the particulars required to be furnished in the Schedules to Form No. 1 referred to in sub-rule (1) shall be furnished on a computer media, in accordance with the following, - (a) the computer media conforms to the following specifications:- (i) CD ROM of 650 MB capacity or higher capacity; or (ii) Digital Video Disc; (b) if the data relating to the Schedules are copied using data compression or backup software utility, the corresponding software utility or procedure for its decompression or restoration shall also be furnished; and (c) the return shall be accompanied by a certificate regarding clean and virus free data. (2) The return of taxable commodities transaction entered into during a financial year shall be furnished on or before the 30th June immediately following that financial year. (3) The Director-General of Income-tax (Systems) shall specify the procedures, formats and standards for ensuring secure capture and transmission of data and shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to furnishing the returns in the manners specified in clause (ii) of sub-rule (1).