Liable for vat audit
This query is : Resolved
04 January 2014
THE DEALER HAVING TIN NO AS PROPRIETOR & HE IS ALSO LIABLE FOR MVAT AUDIT. IN F.Y.2012-13 HE CHANGE CONSTITUTIONS FROM PROPRIETOR TO PARTNERSHIP.NOW THERE TURNOVER CROSS AUDIT LIMIT i.e.RS.60LAKH. WHETHER HE IS LIABLE FOR FILE AUDIT FOR THE F.Y.12-13.
CA Kedar Sakhardande
(Expert)
04 January 2014
yes
threshhold limit for mvat audit is Rs. 60 lacs for fy 12-13 irrespective of constitution of business
due date is 15/01/14
threshhold limit for mvat audit is Rs. 60 lacs for fy 12-13 irrespective of constitution of business
due date is 15/01/14
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