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Gross turnover limit for accounts to be audited. (section 49)

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..... , and shall be liable to submit a report, as notified by the Commissioner, from time to time: PROVIDED that the Commissioner may, by an order, require a dealer or class or classes of dealers, to submit a simplified version of the report in lieu of report notified by him under Section 49 , PROVIDED FURTHER that the Commissioner may, by an order, exempt a dealer or class or classes of dealers .....

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