In exercise of powers vested in undersigned under section 60 of the J&K Value Added Tax Act, 2005, (as amended vide Act No. V of 2008), it is hereby notified that registered dealers whose gross turnover in a year is Rs. 40 lacs or more and who are required to file prescribed audit reports before the concerned Assessing Authority and Commissioner Commercial Taxes, shall submit the prescribed audit reports for the Accounting year 2008-09 by 31st of October 2009 before the concerned Assessing Authorities and true copy thereof to the Commissioner Commercial Taxes.

This notification shall come into force from the date of its publication in the Government Gazette

Sd/-

(Bashir Ahmed)IAS

Commissioner Commercial Taxes