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Vat audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2013 if a dealer was under vat audit for Fy-2011-12 but for Fy-2012-13 his turnover is below rs.1 crore limit, then will he be liable to vat audit for Fy-2012-13 ?
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Rupesh

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Rupesh (Expert)
26 April 2013 No VAT Audit is mandatory only if his Turnover for the year is above the limits (as per Kerala Law)

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