Burden of Proof- Documents to be provided to dispute a VAT Assessment.

The Tribunal is of the view that audit reports and financial statements have limited evidentiary value when they are not presented with their source documents. Audit reports and financial statements are documents that are secondary in nature and the Appellant ought to have filed the source documents together with audit reports and financial statements. The source documents that would have been expected to be reviewed include ledgers, bank statements and various reconciliations among other source documents.