20 August 2012
WHAT IS VAT AUDIT ? WHEN IT IS TO BE DONE ? WHAT IS ITS DUE DATE ? WHAT ARE THE COMPLIANCES TO BE CHECKED ? IS THERE ANY PRESCRIBED FORM FOR VAT AUDIT REPORT ? PLEASE DESCRIBE THE PROCEDURE HOW IT IS TO BE DONE ?
20 August 2012
MVAT : the turnover limit is same for tax audit and VAT audit. VAT sudit is to be submitted form 704, before 30th november 2012 for the year 2011-12