FILING OF AUDIT REPORT IN FORM - AR 1

Circular No –VAT Audit/HQ/2013-14/2601-2668

Dated – 09/07/2013

This is in continuation of circular No.VAT Audit/HQ/2013-14/2406-2413 dated 02-07-2013 vide which it was clarified that the audit of business affairs of the dealers having GTO more than Rs.10 Crore for the year 2012-13 may be conducted after 15-11-2013 i.e. after submission of audit report for the year 2012-13 in Form AR-1.

Now in this context, it is further clarified that if the details/informations furnished by auditor in Form AR-1 in respect to the dealer are found satisfactory as regards the 2012-13 parameters, which led to dealer being picked up for audit, and the dealer accordingly deposits the tax, then the audit of the dealer for the period 2012-13 may not be pursued further.

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