Sub: Extension of time limit for indicating reason(s) for admitted tax liability under Vera Samadhan Yojana and furnishing undertaking by dealer who desires to avail facility of partial audit assessment

Ref: Circular No. 27/ 2020, No./ CCT/ Admin/ VAT/ Partial Assessment/ 2020-21/B.472 dated the 3rd July, 2020

The procedure for partial audit assessment for F.Y. 2016-17 and F.Y. 2017-18 (i.e. for the period from 1st April, 2017 to 30th June, 2017) under the Gujarat VAT Act has been provided vide above referred circular (hereinafter referred to as the "said circular"), for the dealers who had applied under "Vera Samadhan Yojana-2019".

2. As per para 8 of the said circular, the dealer who desires to avail the facility of partial audit assessment, is required to furnish an undertaking electronically in the applicable annexure (i.e. in Annexure-I, Annexure-II or Annexure-III) enclosed therein, on or before the 17th August, 2020.

3. The Gujarat Chamber of Commerce and Industries, other trade associations and tax practitioners have represented to further extend such time limit so as to facilitate large number of dealers to avail this benefit.

4. Considering the above representations, it has been decided to extend the time limit for furnishing an undertaking in requisite annexure to 1st September, 2020, as specified in para 8 of the said circular.

Sd

(J. P. Gupta)

Commissioner of Commercial Tax,

Gujarat State, Ahmadabad.