Vat audit applicability
This query is : Resolved
Rakhi Sonalkar
(Querist)
20 December 2017
Turnover for which period to be exceeds of Rs.1 crore for VAT audit applicability.
For example : If turnover for the year ended 31.03.2017 exceeds Rs.1 crore then for which year VAT audit will be applicable for FY 16-17 ya FY 17-18
For example : If turnover for the year ended 31.03.2017 exceeds Rs.1 crore then for which year VAT audit will be applicable for FY 16-17 ya FY 17-18
Guest
Guest
(Expert)
01 January 2018
In your case it will be applicable for the year 2016-17.
Rakhi Sonalkar
(Querist)
08 February 2018
If we are not taking input of vat then also it will b applicable ???
Guest
Guest
(Expert)
08 February 2018
Yes it is still applicable.
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