42. Audit of Accounts.

The dealer liable to get his accounts audited as required under sub-section (1) of section 70 of the Act, shall submit to the Appropriate Assessing Authority the audited statement of accounts in Form VAT – XV, within nine months after the end of the relevant year.

The audit report shall be signed and verified by the Chartered Accountant setting forth all the particulars and certificates as required in the said Form.