MVAT Audit 2013 - Approach & Important Issues



Applicability of audit under MVAT Act, 2002: To whom audit is applicable? As per Section 61(1) of the MVAT Act, 2002, audit is applicable to: A dealer who is liable to pay tax and his turnover, either of sales or purchases, exceeds Rs. 60 Lakhsduring the Financial Year A d
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