KVAT AUDIT

For Financial year 2008-2009, Sale of exempted goods shall not be included and no need of Audit however from Financial Year 2009-2010 all turnover whether it is taxable or not shall be included thus for FY 2009-2010  it is required to get audit exempted sale also

Turnover under KVAT Audit includes what?

What is the limit for Vat Audit report under KVAT Act,2003 for a Private Limited

Dear Vikas ji,

Under KVAT Act,2003 limit for VAT audit report is : For financial year 2008-09 more than Rs.40 lakhs ,taxable turnover

for FY 2009-10 onwards more than Rs.40 Lakh, Total Turnover.