VAT Audit
This query is : Resolved
CA Deepesh Ruhela
(Querist)
01 December 2010
Condition rearding VAT Audit? Whether VAT Audit applicable for efileing concern?
CA Nishikant Jaiswal
(Expert)
01 December 2010
Hi Deepesh..
VAt Audit under MVAT Act is applicable only for conerns whose sale or purchase exceeds RS 40 lakhs upto FY 09-10 for FY 10 -11 limit is 60 lakhs..
VAt Audit under MVAT Act is applicable only for conerns whose sale or purchase exceeds RS 40 lakhs upto FY 09-10 for FY 10 -11 limit is 60 lakhs..
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CA Deepesh Ruhela
(Querist)
05 December 2010
Sir but in RVAT its 1 crore...
CA Nishikant Jaiswal
(Expert)
06 December 2010
sorry deepaesh i dont have any knowledge about RAjasthan VAT Act.
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