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Due date of filing Audit Report- Tamilnadu VAT

As per Rule 16-A(1)  of TN-VAT Rules, every registered dealer who is liable to get his accounts
audited u/s 63-A(1) of the Act, shall furnish the audit report in Form-WW within seven months from the end of the year in duplicate, thus for the Financial year 2012-13 dealer was supposed to file audit report by 31st Oct 2013. however due date of filing audit report has been amended and it would be 31st December 2013. it should be noted that this has been brought by amending rule itself and now due date of filing audit report for every year would be 31st December of the next year from end of the Financial year. Notification text is given below:-

Accounting treatment of the subsidy on fertilisers from the Government under the Retention Price Scheme and Valuation of stocks of finished goods lying in transit from the plant and those at warehouses.

1. A multi-unit cooperative society is registered under the Bombay Cooperative Societies Act (Act VII of 1925) as extended to the Union Territory of Delhi. The society is governed by the provisions of Multi-State Cooperative Societies Act, 1984, and the rules framed thereunder. The society is engaged in the business of manufacturing and distribution of chemical fertilisers, viz., nitrogenous fertiliser, and complex phosphatic and potassium fertilisers (NPK/DAP).

Advisory circular to CA for Audit under DVAT

Commissioner of Delhi VAT office has issued a advisory circular for auditors conducting VAT audit under DVAT. complete circular can be read as appended below:-

Due date of filing Annul Return for FY 2012-13 in UP VAT extended up to 30-11-2013

Due date of Filing of UP VAT Audit Report has been extended up to 30th Nov 2013 from 31st Oct 2013,details notification can be read as appended below:-