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Excise and center sale tax , taxaudit limit

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(Querist)
06 August 2013 sir

please tell me excise and center sale tax ,tax audit limit

ashwini
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 August 2013 Central excise audit is department will conduct and presently following the limit

1.Units paying more than Rs. 3 crores Every year
2. Units paying between Rs. 1 crore and
Rs. 3 crores Once every two years
3. Units paying between Rs. 50 lakhs and
Rs. 1 crore Once every five years
4. Units paying below Rs. 50 lakhs 10% of the units every year


Sales tax based on the Local VAT act differ from state to state
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ashwini

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ashwini (Querist)
09 August 2013 thank sir for valubles information
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