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The Orissa Value Added Tax Rules, 2005 FORMS
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Body

FORM VAT-303

AUDIT VISIT REPORT

[Refer sub-rule (3) of rule 45]

01. Office address

  

 
02. TIN                      

 

03. Name and address of the dealer
 

 

04. Period of audit
From______/________/______to_______/______

 

05. Person(s)contacted in course of visit
 

 

06. Statement, if any, recorded in course of visit and if so, the name and status of such persons with reference to the business, from whom statement has been recorded.

 

 

07. Summary of records and accounts verified and signed indicating the date up to which, the same has been maintained.
Records Accounts Date upto which maintained
(i)

(ii)

(iii)

(iv)

(v)

   

 

08. Summary of physical stock of goods taken and discrepancy, if any, noted when examined with reference to the book balance. (i)

(ii)

(iii)

(iv)

(v)

09. Sample, if any, taken for further investigation and if so, the description of the goods, the sample of which was obtained and the person in whose custody, it is lodged  
10. Physical verification of cash, if any, undertaken and the result of such verification.  
11. Details of control checks carried out and the result of such checks [Note the tax period(s) to which such check relates]  
12. Summary of basic checks carried out and comments on such checks

(i) VAT registration certificate

(ii) VAT return files and corresponding records

(iii) VAT payment record

 
13. Advisory checks undertaken, if any and the points covered under such check.  
14. Audit checks in relation to the results of control checks and the findings of such checks.  
15. Summary of audit visit report indicating the specific discrepancies detected and evidence thereof including the explanation, if any, furnished against such discrepancies and statement recorded by way of explanation to such discrepancies. (Enclose the extract of records, documents, statements etc. duly obtained in support of discrepancies detected)  
16. Post visit action recommendation :  
17. General observations on the business activities of the dealer (i) Level of taxable sales

(ii) Revenue compliance

(iii) Complexity of accounts

(iv) Sensitive commodities being dealt in.

Seal Signature
Place_________________ (Head of the audit team)

Designation