Section 58 of Delhi Value Added Tax Act 2004 - Audit
How to conduct Audit? Section 58 of DVAT Act 2004
Section 58 : Audit - Delhi Value Added Tax Act 2004
Rule 46, Form 37
(1) The Commissioner may serve on any person in the
prescribed manner a notice informing him that an audit of his
business affairs shall be performed and where applicable, that
an assessment already concluded under this Act may be reopened.
Explanation.- A notice may be served notwithstanding the fact
that the person may already have been assessed under sections
31, 32 or 33 of this Act.
(2) A notice served under sub-section (1) of this section may
require the person on whom it is served, to appear on a date and
place specified therein, which may be at his business premises
or at a place specified in the notice, to either attend and
produce or cause to be produced the books of accounts and all
evidence on which the dealer relies in support of his returns
(including tax invoices, if any), or to produce such evidence as
is specified in the notice.
(3) The person on whom a notice is served under sub-section
(1) shall provide all co-operation and reasonable assistance to
the Commissioner as may be required to conduct the proceedings
under this section at his business premises.
(4) The Commissioner shall, after considering the
return, the evidence furnished with the returns, if
any, the evidence acquired in the course of the
audit, if any, or any information otherwise
available to him, either ?
(a) confirm the assessment under review; or
(b) serve a notice of the assessment or re-assessment of the
amount of tax, interest and penalty if any pursuant to sections
32 and 33 of this Act.
(5) Any assessment pursuant to an audit of the person's
business affairs shall be without prejudice to prosecution for
any offence under this Act.