Vat audit of business having liquor sale & other than liquor

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Sony (Querist)
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18 May 2012 Can anybody tell me the provision of vat audit of business having liquor sale & non liquor sale. i.e the vat audit of liquor business is compulsory but the sale of other business would be included? Also even after the inclusion the total sale & purchase does not exceeds the specified limit amount, then in that case can the vat auditor skip other than liquor part

Prakash Kochar

Prakash Kochar (Expert)
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21 May 2012 Liquor dealer is under statutory obligation for vat audit.For audit of liquor dealer, turnover of all businesses/commodities are to be consider, can not skip other turnover even total turnover is below the minimum limit prescribed u/s.61(1)(a).

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Vat audit of business having liquor sale & other than liquor

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