FORM VAT-303A

NOTICE FOR PAYMENT OF TAX AND PENALTY AS A RESULT OF AUDIT

(See sub rule (3) of rule 45)

04. Tax audit of your business was under taken by the officers of the Audit unit of this office on ............ for the period commencing from ............... to ........................... Examination of the records, documents, stock in trade and other relevant information pertaining to your business for tax period(s) from ............... to ............. reveals that you have not declared the correct amount of tax due for the aforesaid period in the returns filed. Your net tax due is determined at Rs................................... (Rupees .................................).

05. Further a penalty of Rs................... (Rupees .................. ) is required to be paid under sub-section (5) of Section 41 .................... of the Odisha Value Added Tax Act, 2004.

06. You are required to pay total amount of Rs. ................... (Rupees ......................... ) into Government Treasury at ............................ within thirty days from the date of receipt of this notice and produce the receipt in proof of payment in this office, within seven days from the date of payment.

07. In case of non-compliance of this notice, the Audit Visit Report will be submitted to the Assessing Authority.

08. A copy of the Audit visit report is enclosed herewith for your reference.