Requirements for VAT Audit under section 63 of VAT Act
A dealer liable to VAT Audit should furnish the following details to the Auditor
- A copy of VAT Registration Certificate
- A copy of CST Registration Certificate
- A copy of Import Licence
- A copy of Enrollment and Registration Certificates under Profession Tax Act
- A copy of Excise Registration certificate
- A copy of other licence(s)
The abovementioned documents should be furnished for the first time; They are not required thenafter.
- Sales and Purchase Bills (in original) with its columnwise registers as required to be maintained in the format of Form 201A and Form 201B
Example:
| Bill No. |
Date |
Party Name |
TIN No. |
Goods Description |
Amount |
Tax |
Add.Tax |
Total |
| data |
data |
data |
data |
data |
data |
data |
data |
data |
- If possible, prepare partywise list of tax invoice sales as well as tax invoice purchases to make verification fast and easy
- Trading Account, Profit Loss Account and Balance Sheet in three copies for submission with VAT Audit Report
- Three copies of Statutory Audit Report under Income Tax Act
- List of Forms C,F,H,I,E1,E2,402,403 obtained from department and used for Outside Gujarat purchases or in the course of imports/exports or in branch transfers with original counterfoil of such forms.
- List of Forms C,F,H,I,E1,E2,402,403 received from dealers to whome goods sold against forms with received original forms
Abovementioned List of forms should be in the format given below for each Form type separately
| Form No. |
Bill No. |
Date |
Party Name |
TIN No. |
State |
Amount |
Tax (if any) |
Total |
| data |
data |
data |
data |
data |
data |
data |
data |
data |
- Separate statements showing details of tax payment under VAT, CST, Entry Tax, Purchase tax etc.
- Rreconciliation Statement; if figures differs with audit report, books, filed annual return and/or Sales/Purchase Registers
- Sales/Purchase monthly statement with subtotals of quarter and grand total of whole year
Download Statement Format