2003 (4) TMI 545 - HC - VAT and Sales Tax

Summary

The Assam Drug Dealers Association filed a review petition regarding compliance with section 10A of the Assam General Sales Tax Act. The High Court held that the audit report under the Income-tax Act suffices for compliance. Form XXXI-A should be furnished by the dealer, while the audit report/certificate in Form XXXI by the accountant is enough. The review petition was allowed, clarifying the requirements.