Vat Audit
This query is : Resolved
10 August 2009
Dear Sir
i am working As a Accountant I want
information about vat audit what types of
preparation is need for vat audit
thanks & regards
santosh b kulkarni
i am working As a Accountant I want
information about vat audit what types of
preparation is need for vat audit
thanks & regards
santosh b kulkarni
10 August 2009
You need to have a knowledge for local VAT laws of the state along with notifications and circulars issued by the state. apart from these things, you should have a knowledge for audit,which you must be having. You should compare books of accounts with monthly VAT returns filed. You should go through all the statutory forms issued/in hand with the assessee and any notice/visit by departmental person during the year.
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