FURNISHING OF AUDIT REPORT UNDER SECTION 49, VAT + CST

[S.C. WADHWA]

A factory, registered as a limited company, in haryana has a depot in delhi. All manufacturing activities are carried out in haryana.Apart from sales from factory, Goods are sent to Depot in delhi for sale. Company is required to get its account audited under Section 44AB of Income tax Act, 1961. Depot in delhi is registered under DVAT Act.

Query is:

Whether depot in Delhi is required to get its account audited under Section 49 of Dvat Act. Whether we are required to submit report of audit under section 44AB to DVAT authorities.

Posts / Replies

[Harish Chander Bhatia]

For the time provisions of getting accounts audited under DVAT has been scrapped by Kejriwal Govt and there is no requirement to file audit report under section 44AB of Income Tax in DVAT.