(1) The report of audit under section 63 to be furnished by the specified authority (as defined in the explanation to sub-section (1) of section 63) shall be in Form 217 and shall contain following particulars, namely:-

(a) verification of accounts and documents as mentioned in rule 45,

(b) certificate containing a report as to -

(i) correctness of the tax credits claimed by the dealer during the period under report, and

(ii) whether the dealer has employed fair and reasonable method as required under sub-section (11) of section 11 of the Act;

(c) whether the dealer has made the true and proper calculation and payment of tax as required under the Act.

(2) Every registered dealer who is required to obtain the audit report under section 63 shall within a period of thirty days from the date of obtaining such report, submit the following documents by way of uploading on the website of this department as under:

(i) audit report in Form 217,

(ii) scanned copy of Statement of particulars duly singed by the specified authority and its soft copy,

(iii) scanned copies of the lists of all the statutory Forms and its soft copy,

(iv) scanned copies of Statutory Audit Report and Statement of observations, comments and notes obtained from Chartered Accountant -, and

(v) an undertaking in the following manner duly signed by the dealer or by a person referred to in section 65,

(1) l/we hereby submit that all the details given in the Audit Report are correct and complete to the best of my/our knowledge and scanned copies referred to in (ii) to (iv) are of the documents obtained from the specified authority. Responsibility arising out of any omission or error will be on me/ us.

(2) l/we further declare that no information as referred to in (i) to (iv) above has been hidden. .

(3) l/we am/are well aware about the action of prosecution by the registering authority and the penalty and punishment for the offence of hiding any such information which is found in future.

Provided that the true copy of the audit report related to the year 2006-2007 may be submitted by the registered dealer on or before the 31st May, 2008.

(3) Every registered dealer whose total turnover in respect of any particular year exceeds rupees one crore and taxable turnover exceeds rupees twenty lacs shall get his accounts verified and audited by a specified authority.

Provided that the provision made under this sub-rule shall apply to the audit reports related to the year 2006-07 and the year subsequent to the year 2006-07.

(4) Every registered dealer whose taxable turnover is more than rupees twenty five lakh for the period from 1st April, 2017 to 30th June, 2017, shall furnish, by way of uploading on the website, a final return for such period within seven months from 1st July, 2017 as follows,-

(i) in Form 202 in case of a registered dealer who furnishes return under sub-rule (3) of rule 19, and

(ii) In Form 205B alongwith the information in respect of inventories in Form 201C in case of a registered dealer other than referred to in clause (i) above.

Provided that the Commissioner may, in the public interest and on such terms and conditions as may be specified, further extend the date not exceeding three months of furnishing such return.

(5) Every registered dealer, in whose case the amount of tax credit is carried forward for more than rupees five lakh on 30th June, 2017, shall get the books of accounts related to the final return referred to in sub-rule (4), duly audited by Chartered Accountant or Cost Accountant and furnish, by way of uploading on the website, a certificate in Form 217A duly signed by him within seven months from 1st July, 2017.

Provided that the Commissioner may, in the public interest and on such terms and conditions as may be specified, further extend the date not exceeding three months of furnishing such certificate.