NOTIFICATION REGARDING PROCEDURE AND FORM FOR FILING AUDIT REPORT

Notification No: No.F.7 (420)/Policy/VAT/2011/1203-1213

Date: 11/02/2013

In exercise of powers conferred under Delhi Value Added Tax Act, 2004 the procedure and form for filing audit report is as here under:

Every registered dealer liable to get his accounts audited under the Act shall furnish Audit Report in Form AR 1 within seven and a half month from end of financial year in duplicate.

This Notification is applicable only for dealers with a gross turnover of Rs. 10 Crores and above in 2011-12 or in any of the 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.

Regards

CA. Mona Singhal

Partner

Arpit Gupta & Associates

Chartered Accountants

701, Nirmal Tower,

26, Barakhamba Road,

Connaught Place, Delhi-110001

Mobile:- +91-9873082769

Website:- www.caaga.co.in