Withdrawal of Audit Assessment - Gujarat VAT Act

Circular No. 23/2020 issued by Commissioner of Commercial Tax Gujarat State for FY 2016-17 and 2017-18 (Quarter-1).


(i) Time limit of completion of audit assessment for FY 2016-17 is 31st March 2021 and FY 2017-18 is 31st March 2022.


(ii) For providing relief to small dealers, many trade association have represented before government to withdraw audit assessment and accept the liability as per the return.


(iii) Commissioner has decided to withdraw the notice of audit assessment for the following

class of registered dealer-


a) For FY 2016-17, having gross turnover less than 10 crore during FY 2016-17.

b) For FY 2017-18, having gross turnover less than 2.5 crore during FY 2017-18 (Q1).


(iv) For the following class of dealers, withdrawal of notice is not applicable-


(a) Whose assessment is initiated under enforcement case.

(b) Whose has transitioned credit of VAT under GST in excess of Rs. 10 lakh.

(c) Who has claimed refund (including provisional refund) of an amount exceeding Rs. 1 lakh.

(d) Who has availed the facility of reimbursement , exemption, deferment of tax liability under any industrial incentive scheme.

(e) Who has applied under Vera Samadhan Yojna 2019 subject to certain conditions.

(f) Whose aggregate demand at end of audit assessment for FY 2015-16 exceeds Rs 10 lakh.

(g) Who has failed to file return in respect of any period during the said year unless he has filed annual return.

(h) Whose assessment orders have already been issued after audit assessment.


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