Meaning of kvat
This query is : Resolved
Prasanna Bhat
(Querist)
08 December 2008
Sir,
What is kvat 240? is it filed annually?
What is kvat 240? is it filed annually?
CA. Raviprakash M.S
(Expert)
10 December 2008
VAT 240 under KVAT is an Audit report under VAT Rules to be filed with in 9 months from the end of relevant financial year. The same has to be filed compulsorily. If not there is a penalty which is effective from 2008-09.
Prasanna Bhat
(Querist)
15 December 2008
Sir,
Is it compulsory if there is no sales in the company, as our company was funded by our parent company. Pls answer my question
Is it compulsory if there is no sales in the company, as our company was funded by our parent company. Pls answer my question
Dhirajlal Rambhia
(Expert)
27 June 2023
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