DVAT - Notification regarding procedure and form for filing Audit Report

In exercise of the powers conferred under Section 49 read with Rule 42A of the Delhi Value Added Tax Rules, 2005 ad Section 70 of the Delhi Value Added Tax act, 2004, I Prashant Goyal, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi hereby notify the proceedure and Form for Filing of audit report as under:-

1. Every registered dealer liable to get his accounts audited as per Section-49 of the Act read with Rule 42A of the Rules shall furnish audit report in Form AR-I within seven and a half month from the end of the year in duplicate. This notification is applicable only for dealers with a gross turnover of Rs. 10 Crore and above in 2011-12 or in any subsequent financial years. Dealers exclusively dealing in commodities listed in the First Schedule appended to the Act and the dealers with 100% export turnover shall be exempted from furnishing audit report under this notification.

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