Vat return

CMA Sravan Kumar (Accounts Manager) (647 Points)

20 April 2017  

Hello frnds.

Please let me know, is there any ratio is required to check before filing VAT return with regard to purchases and sales.

Eg: Purchases 1,00,000

      Sales 2,00,000

       % of purchases over sales 50%

      Is this computation is required ??