MVAT under composition for Restaurants
This query is : Resolved
27 October 2009
My Query goes like this:
I m doin VAT Audit of a renowned Restaurant which is under composition scheme for the year 2008-09.
while auditing i found a export bill to its outletwhich is in Dubai which is disclosed in the accounts.
while filing monthly vat return under form 232 it has been considered as normal sales & charged vat 8%.Now how should i revise it?
I m doin VAT Audit of a renowned Restaurant which is under composition scheme for the year 2008-09.
while auditing i found a export bill to its outletwhich is in Dubai which is disclosed in the accounts.
while filing monthly vat return under form 232 it has been considered as normal sales & charged vat 8%.Now how should i revise it?
27 October 2009
As an auditor u dont do any revising u only report it to your appointing authority u may advise on the rectification procedure
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Multiple trade mark
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Regarding appeal to GSTAT
- Copyright software
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
