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MVAT Audit

This query is : Resolved 
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(Querist)
26 December 2008 I AM RUNNING A COUNTRY LIQUOR SHOP SINCE DEC 2007.

IN CURRENT FINANCIAL YEAR I CROSSED RS. 500000 LIMIT SO I TAKE REGISTRATION IN CURRENT YEAR.

BUT IN LAST YEAR I DID NOT TAKE REG. AS I AM BELOW LIMIT.

SO NOW QUESTION IS WHETHER I HAVE TO AUDIT UNDER MVAT FOR THE LAST YEAR ALSO EVEN THOUGH I AM NOT DEALER.
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
26 December 2008 DEFINATION OF DEALER MEANS A PERSON IN BUSINESS OF SALES & PURCHASE.
YOU HAVE TO GET YOUR ACCOUNTS AUDITED EVEN UNDER IT ACT & VAT AUDIT REPORT ALSO TO BE SUBMITTED BY YOU

CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
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