FORM WW

[See rule 16-A]

Audit Report under section 63-A of the Tamil Nadu Value Added Tax Act, 2006

ertified that we being a Chartered Accountant have audited the accounts of B.BAKTHAVATCHALAM PROP SIVAA INDUSTRIES

aving registration number TIN: 33702906360 for the year ending 31st March 2016 and subject to our observations and comments abou

on-compliance, shortcomings and deficiencies in the returns filed by the dealer, as given in the attached report
the books of accounts and other related records and registers maintained by the dealer are sufficient for the verification of the correctnes
nd completeness of the returns filed for the year;
the total turnover of sales declared in the returns includes all the sales effected during the year;
the total turnover of purchases declared in the returns includes all the purchases made during the year;

the deductions from the total turnover including deduction on account of sales returns claimed in the returns are in conformity with the
rovisions of the law;
the adjustment to turnover of sales and purchases is based on the entries made in the books of account maintained for the year;

the classification of goods sold, rate of tax applicable and computation of output tax and net tax payable as shown in the return is correct

the computation of classification of goods purchased, the amount of input tax paid and deductions of input tax credit claimed and
eversed in the return is correct and in conformity with the provisions of law;

the utilization of statutory forms under the Tamil Nadu Value Added Tax - Act ,2006 and the Central Sales Tax Act,1956 is for valid
urposes; and
other information given in the returns is correct and complete.

or N.C. RAJAGOPAL & Co.,

HARTERED ACCOUNTANTS,
irm Registration No. 003398S

N.C. VIJAY KUMAR)

ARTNER
Membership No. 208276

lace: Erode
ate: 29.11.2016

Summary of the additional tax liability or additional refund due to the dealer on audit for the year are as follows:Sl. No

Particulars

Amount as per Return (In

Rs.)

Correct amount
determined in audit as per
accounts (in Rs.)

Difference (in Rs.)

(1)
1

(2)
Output tax payable under the Tamil Nadu Value Added
Tax Act, 2006

(3)

(4)

(5)

Purchase Tax payable under sections 11 and 12 of

Tamil Nadu Value Added Tax Act, 2006

Tax payable under the Central Sales Tax Act, 1956

4
5
6

Input Tax Credit claimed

Ineligible Input Tax Credit reversed
Net Input Tax Credit available for adjustment

7
8

Refund Claimed
(a) Input Tax Credit adjusted against Value Added Tax

589,330

589,330

###

491,156
-

491,156
###

491,156
-

491,156
###

491,156

491,156

###

(b) Input Tax Credit adjusted against Central Sales Tax

9

Any other item (specify)

The tax liability of the dealer for the Assessment Year 2015 - 2016 is arrived at as below:Act
(1)
Tamil Nadu Value Added Tax
Central Sales Tax

Tax Due (after all

adjustments)
(2)
98,175
-

Tax Paid (In Rs)

Balance / (Excess)

(3)

(4)

The dealer has been advised to

() revised returns for the period/month .. [See rule 7(9)]
(ii) Pay differential tax liability of Rs with interest of Rs .. and penalty of Rs..............
(iii) Reverse Input Tax Credit of Rs.. in the Monthly Return of.
(iv) Claim refund of Rs

For N.C. RAJAGOPAL & Co.,

CHARTERED ACCOUNTANTS,
Firm Registration No. 003398S

(N.C. VIJAY KUMAR)

PARTNER
Membership No. 208276
Place: Erode
Date: 29.11.2016

98,175
-

Annexure
Statement of particulars required to be furnished under section 63-A of the Tamil Nadu V
PART - A
GENERAL INFORMATION
1

Name of the Dealer

2
3
4

Taxpayer Identification No. (TIN)

Central Sales Tax (CST) Registration No.
Address (Within Tamil Nadu)
Principal place of business

Other places

Nature of Business: [State here whether Manufacturer/

Trader/Works contractor/ Lessor/ Agent/Hotelier/ others
(specify)]

5
6

Constitution of the business

Name and address of the Proprietor/
Partners/Directors as on 31.03.2016

Details of Registration with other

departments

8
(a)
(b)
(c)
(d)
(e)
9

10
11

Income Tax Permanent Account

Number
Central Excise Registration Number
Service Tax Registration Number
Import Export Code Number
Corporate Identity Number
Particulars of all bank accounts of the
Dealer

(a) Name of the bank and branch

(b) Account Number
List of books of accounts maintained
List of books of accounts examined

Annexure
equired to be furnished under section 63-A of the Tamil Nadu Value Added Tax Act, 2006
PART - A
GENERAL INFORMATION
B.BAKTHAVATCHALAM
PROP:SIVAA INDUSTRIES
33702906360
33702906360 / 25.04.2013
1, BALADANDAYUTHAM STREET,

ERODE - 638 002

NIL

TRADING IN POLYMER
Sole Proprietorship
Refer Annexure 1
As Mentioned Below
AOKPB5375B
NIL
NIL
NIL
NOT APPLICABLE
Refer Annexure 2

Refer Annexure 3
Refer Annexure 4

Annexure 1 - Referred to in Point 7 in Part A of Annexure to Form WW

Name and address of the Proprietor/ Partners/Directors as on 31.03.2016
SL No

Name

Address

B. BAKTHAVATCHALAM

NO.1, BALADANDAYUTHAM STREET,

ERODE - 638 002

Annexure 2 - Referred to in Point 9 in Part A of Annexure to Form WW

Particulars of all bank accounts of the Dealer*
SL No

Name of the bank and branch

Address

KARUR VYSYA BANK

No 24 MUTHURANGAM
STREET,
ERODE-638001

Annexure 3 - Referred to in Point 10 in Part A of Annexure to Form WW

List of books of accounts maintained *

DAY BOOK, LEDGER, PURCHASE BILLS, OWN VOUCHERS, SALES INVOICES, EXPENSES VOUCHER

Annexure 4 - Referred to in Point 10 in Part A of Annexure to Form WW

List of books of accounts examined

DAY BOOK, LEDGER, PURCHASE BILLS, OWN VOUCHERS, SALES INVOICES, EXPENSES VOUCHER

Designation
NO.1, BALADANDAYUTHAM STREET,

PROPRIETOR

Account Number

Type of Account

1129135000007570

CURRENT

OWN VOUCHERS, SALES INVOICES, EXPENSES VOUCHERS ETC.

OWN VOUCHERS, SALES INVOICES, EXPENSES VOUCHERS ETC.

Part - B
12

Computation of Turnover Assessable under the Tamil Nadu Value Added Tax Act, 2006
Category
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix)
(A)

(1)
First Schedule - Part A
First Schedule - Part B
First Schedule - Part C
Works contract turnover under section 6*
Turnover under section 7(1)(a)
Turnover under section 7(1)(b)
Goods sold at a concessional rate of tax (covered by a
notification) *

Turonver (in Rs)

Rate of Tax

(2)

(3)
1%
5%
14.50%

11,786,594

Second Schedule Goods

Others, if any, specify
Total Sales Turnover liable to tax under Tamil Nadu
Value Added Tax Act, 2006 [(i) to (ix)]
11,786,594

(x)
(xi)
(B)

Purchase liable to be taxed under section 11

Purchase liable to be taxed under section 12
Total Purchase Turnover liable to tax under Tamil
Nadu Value Added Tax Act, 2006 [(x) + (xi)]
-

(C)

Total Taxable Turnover under Tamil Nadu Value

Added Tax Act, 2006 [(A) + (B)]
11,786,594

(xii)

Turnover within the State, of goods specified in the

Fourth-Schedule to the
Tamil Nadu Value Added Tax Act, 2006

(xiii)

Turnover within the State, of goods which are exempted

by Notification

(xiv)
(xv)
(D)

Zero-rated sales within the State

Others, if any, specify
Total Exempted Turnover [xii to xv]
TOTAL TURNOVER under Tamil
Nadu Value Added Tax Act, 2006
[(C)+(D)]

11,786,594

Part - B

ssable under the Tamil Nadu Value Added Tax Act, 2006
Tax (In Rs)
(4)
589,330

589,330

589,330

589,330

13

Computation Of Purchases

(a)
(i)
(ii)
(iii)
(iv)
(b)
(c)
(d)
(e)

Local purchases from Registered Compounding Dealers

Registered Annual Return Filers
Other Registered Dealers
VAT @ 5%
Unregistered Dealers
Inter-State Purchases
CST @ 2%
Imports into India
Inter-State Stock Transfer (inward)
Others, if any, specify *
TOTAL PURCHASE TURNOVER
(including stock transfer)
[sum of (a) to (e) above]

Value (In Rs)

9,823,103

427,242

10,250,344

Value Added Tax Paid (In

Rs)

491,156

8,545

499,701

491155.1395

* VAT paid details to be furnished.

14 Details Of Input Tax Credit Reversal/ Adjustment

Sl. No
(1)
1

Nature of Transactions

Relevant
Section/Rule

(2)
Goods used for civil structures

(3)
section 2(1 1)

Goods utilized for self use

section 19(7)(a)

Purchase of automobiles
section 19(7)(b)
and spare parts other than a dealer in
Automobiles.

Purchase of Air-conditioners other than a section 19(7)(c)

dealer in Air-conditioners.

Goods given as gift, free sample

section 19(8)

Goods lost on theft, loss, etc.

section 19(9)(i)

Inputs destroyed in fire or lost

section 19(9)(ii)

Inputs damaged in transit or destroyed section 19(9)(iii)

before manufacture

Unavailed credit on Capital Goods (time- section 19(3)(b)

barred)

10

Consignment Sales with FForm

11

Stock transfer with F Form

12

Purchases for production of Exempted section 19(5)(a)

Goods (Finished)

13

Inter-State sale without C Form

section 19(5)(c)

14

Purchase Return

section 14(i)

15

Input Tax Credit availed for Finished Goods section 19(12)

Section 19(4)(i) &

(ii)
section 19((4)(i) &
(ii)

subsequently exempt
16

Stock Transfer without F Form

17

Purchase of Capital Goods used in the section 19 (6)

manufacture of exempted goods.

18

Others (if any, specify)

Purchase value (net

Tax paid (In Rs)
of tax) (in Rs.)
(4)

(5)

NIL

TOTAL

* If space is insufficient attach the details in a separate sheet.

Reversal/
Adjustment Of
Input Tax Credit

Remarks *

(6)

(7)

NIL

15

Turnover under the Central Sales Tax Act, 1956

Category
(1)

(a)
(b)
(c)
(d)
(e)

Rate of Tax
(3)

InterState sales with C Form

InterState sales without C Form
Consignment Sales and/or Stock Transfer without F form
Preexport sales without H form

NIL

Any other taxable sales not covered by declaration forms/ certificates / documents

(A)

Taxable Turnover Under Central Sales Tax Act [(a) to (e)]

(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)

Add: Exempted Turnover

Sales under section 5(1)
Sales under section 5(2)
Sales under section 5(3)
Inter-State Consignment sales and Stock transfer
Inter-State sales to Special Economic Zone
Transit sales
Sale of Exempted Goods
Any other sales exempted

(B)

Turnover (In Rs)

(2)

Total Exempted Turnover Under Central Sales Tax Act [(f) to (m)]

NIL

Output Tax (In Rs)

(4)

NIL

NIL

16. (A). Details of Input Tax Credit availed on purchase of Capital Goods (Other than Parts and Accessories)
Sl. No

Month & Year of

Purchase

Date of
commencement of
commercial
production

Input tax credit

claimed

First year from

which Input tax
credit can be
adjusted

(1)

(2)

(3)

(4)

(5)

Input tax credit adjusted

First year
second year
Third year
Amount
% Amount
% Amount
%
(6)

NIL

16. (B). Total Input Tax Credit on Capital Goods

Sl. No

Description

Eligible Input Tax Credit Brought

forward from Previous year

Input Tax credit adjusted in

the current year

Input Tax credit lapsed

(1)

(2)

(3)

(4)

(5)

NIL

Input tax credit Input tax credit

lapsed
carried
forwarded
(7)

(8)

NIL

Input Tax credit eligible to be

carried forward to next year
(6)

NIL

17 Details of delayed filing of Returns / Payment of taxes

Sl. No

Month to which
return relates

Due date of filing

Date of filing

Date of payment of tax

Number of days
delayed

(1)

(2)

(3)

(4)

(5)

(6)

1
2
3
4
5
6
7
8
9
10
11
12

Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16

5/20/2015
6/20/2015
7/20/2015
8/20/2015
9/20/2015
10/20/2015
11/20/2015
12/20/2015
1/20/2016
2/20/2016
3/20/2016
4/20/2016

5/21/2015
6/20/2015
7/16/2015
8/20/2015
9/19/2015
10/20/2015
11/22/2015
12/20/2015
1/21/2016
2/21/2016
3/19/2016
4/21/2016

NA
NA
NA
NA
9/19/2015
10/20/2015
NA
NA
1/21/2016
NA
NA
4/21/2016

1
NA
NA
NA
NA
NA
2
NA
1
1
NA
1

Tax amount

Interest due

(7)

(8)
35,880
37,435
18,636
6,224
98,175

NA
NA
NA
NA
NA
NA

NA

18
(a)

In the case of a trading concern, give quantitative details of principal

items of goods traded :

(i)
(ii)
(iii)
(iv)
(v)

opening stock;
purchases during the previous year;
sales during the previous year;
closing stock;
shortage/excess, if any.

(b)

In case of a manufacturing concern, give quantitative details of the

principal items of raw materials, finished products and by-products :

(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)

A. Raw materials :
opening stock;
purchases during the previous year;
consumption during the previous year;
sales during the previous year
closing stock;
*yield of finished products;
*percentage of yield;
*shortage/excess, if any.

(i)
(ii)
(iii)
(iv)
(v)
(vi)

B. Finished products/ By-products :

opening stock;
purchases during the previous year;
quantity manufactured during the previous year;
sales during the previous year;
closing stock;
shortage/excess, if any.

19
(a)

(b)

(c)

(d)

Calculate the following ratios :Gross profit / Total Sales Turnover;

- Local
- Interstate
Net profit / Total Sales Turnover;
- Local
- Interstate
Closing stock / Total Sales Turnover;
- Local
- Interstate
Material consumed / Finished goods produced.

Quantitative Particulars are not

maintained

Quantitative Particulars are not

maintained

11.33

3.17

9.81

* Information may be given to extent available.

Quantitative Particulars are not

maintained

Quantitative Particulars Are Not Maintained

Quantitative Particulars are not

maintained

1335572.59
11786594.16

373143.33
11786594.16

1156707
11786594.16

From
Sri. B. Bakthavatchalam
Propx. Sivaa Industries
No. 1, Baladgabdayutham Street
Erode - 638 002
Respected Sir,
Sub: Audit under section 63-A of Tamilnadu Value Added Tax Act, 2006 - Management Representation - Reg

This representation letter is provided in connection with your audit under the VAT provisions of the company for the
year ended 31/03/2016
We confirm, to the best of our knowledge and belief, the following representations that
1. the books of accounts and other related records and registers maintained by us are sufficient for the verification of
the correctness and completeness of the returns filed for the year;
2. there are no sales and purchases which are unrecorded in the books of accounts and returns.
3. the information given in the returns, forms and documents is correct and complete.
4. the deductions from the total turnover including deduction on account of sales returns claimed in the returns are in
conformity with the provisions of the law;
5. the adjustment to turnover of sales and purchases is based on the entries made in the books of account maintained
for the year;
6. the classification of goods sold, rate of tax applicable and computation of output tax and net tax payable as shown
in the return is correct; .
7.

the computation of classification of goods purchased, the amount of input tax paid and deductions of input tax

credit claimed and reversed in the return is correct and in conformity with the provisions of law;
8. the utilization of statutory forms under the Tamil Nadu Value Added Tax - Act, 2006 and the Central Sales Tax
Act,1956 is for valid purposes; and
9. information with respect to the classification of dealers are done by us and relied upon by you.

Thanking You,
Yours faithfully,

Place: Erode

Date: 29.11.2016