vat - Audit
This query is : Resolved
03 October 2008
Is Vat audit compulsory in case of Karnataka, Andhra Pradesh & MP.
IF so what is the due date?
IF so what is the due date?
03 October 2008
Dear Sir,
In karnataka the due is within 9 months from the end of the relevat year. i.e., for the financial year 2007-08, 31st December 2008 is the last date. [Rule 34(3)]
In karnataka the due is within 9 months from the end of the relevat year. i.e., for the financial year 2007-08, 31st December 2008 is the last date. [Rule 34(3)]
07 October 2008
What about AP n MP
02 August 2025
Here’s a quick summary for VAT audit requirements and due dates in **Karnataka, Andhra Pradesh (AP), and Madhya Pradesh (MP)** as of your 2008 query:
---
### Karnataka
* **Is VAT audit compulsory?**
Yes, if turnover exceeds ₹1 crore (subject to specific rules).
* **Due date:**
Within 9 months from the end of the financial year.
Example: For FY 2007-08, due date was 31st December 2008.
* **Reference:** Rule 34(3) of Karnataka VAT Rules.
---
### Andhra Pradesh (AP)
* **Is VAT audit compulsory?**
Yes, if turnover crosses the prescribed limit (usually ₹1 crore).
* **Due date:**
Usually 9 months from the end of the financial year, similar to Karnataka, but please verify with the latest AP VAT rules as there could be minor variations.
---
### Madhya Pradesh (MP)
* **Is VAT audit compulsory?**
Yes, applicable if turnover exceeds the threshold (₹1 crore or as per MP VAT act).
* **Due date:**
Normally within 6 months from the end of the financial year or as specified by MP VAT rules. Confirm exact due date from MP VAT department or latest notifications.
---
### Note:
These limits and due dates might have been revised after 2008, so always check the latest VAT laws or circulars of the respective states for current information.
---
### Karnataka
* **Is VAT audit compulsory?**
Yes, if turnover exceeds ₹1 crore (subject to specific rules).
* **Due date:**
Within 9 months from the end of the financial year.
Example: For FY 2007-08, due date was 31st December 2008.
* **Reference:** Rule 34(3) of Karnataka VAT Rules.
---
### Andhra Pradesh (AP)
* **Is VAT audit compulsory?**
Yes, if turnover crosses the prescribed limit (usually ₹1 crore).
* **Due date:**
Usually 9 months from the end of the financial year, similar to Karnataka, but please verify with the latest AP VAT rules as there could be minor variations.
---
### Madhya Pradesh (MP)
* **Is VAT audit compulsory?**
Yes, applicable if turnover exceeds the threshold (₹1 crore or as per MP VAT act).
* **Due date:**
Normally within 6 months from the end of the financial year or as specified by MP VAT rules. Confirm exact due date from MP VAT department or latest notifications.
---
### Note:
These limits and due dates might have been revised after 2008, so always check the latest VAT laws or circulars of the respective states for current information.
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