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Vat audit

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(Querist)
24 December 2012 whether vat audit is compulsory if turnover exceeded 3cr. last yrbt doesnt exceed the limit during current yr?
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CA RICHA BADALIA

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CA RICHA BADALIA (Expert)
24 December 2012 In case of non-company if turnover is not exceeding 3 crore in FY 2011-12 vat audit in form 88 is not required.
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