Vat audit
This query is : Open
Shriram Gupta
(Expert)
05 December 2013
VAT Audit is quite lengthy topic for which giving guidance is not possible here.
If you are facing some specific problems that can be asked and will be resolved..
If you are facing some specific problems that can be asked and will be resolved..
MJ Krishnamurthy
(Expert)
05 December 2013
I agree with Mr Sriram. However,the audit work varies from dealer to dealer.Works contract,manufacturing,whole sale and retail trading,import,export,leasing,etc,each need a different approach. The main point to be considered is purchase and sale,input and output taxes,balance to be paid.Documents such as books of accounts,returns,supportig invoices and final accounts. All these are to be scrutinised.This is in brief. Any way, one should have sufficient mastery over the subject to make a certifying audit....mjk
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- 18% Rent a cab
- ARCA LOGIN
- TDS Return Statement Status
- Appointment of Auditor By Form ADT-1
- Closer of business and itc of capital goods
- Import of Capital Machine
- Capital gain on commercial property and investment in residential property
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
