The Commercial Taxes and Registration Department of Tamil Nadu vide its notification dated 31st December 2022 has extended the time limit for Furnishing VAT Audit Report in Electronic Form for Financial Year 2020-21 as stipulated in sub-rule (1) of rule 16-A of Tamil Nadu Value Added Tax Rules, 2007 till 31st March, 2022.
As per rule 16A every registered dealer is liable to get his accounts audited and shall furnish the audit report in Form-WW within seven months from the end of the year in duplicate.
Form WW prescribes annexures containing certain prescribed particulars and a descriptive report of the findings on non compliance, short comings and deficiencies in the returns filed by the dealer along with the copies of trading, profit and loss account and balance sheet.
