Mahavat audit 2013-14 - turnover limit

According to the recent announced Maharashtra State Additional Budget, The Turnover Limit for VAT Audit has been increased from 60 lakhs to 1.00 crore.

My Question is that - does this limit is applicable for F.Y. 2013-14 or from F.Y. 2014-15 onwards.

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Originally posted by : NIKHIL GADA
According to the recent announced Maharashtra State Additional Budget, The Turnover Limit for VAT Audit has been increased from 60 lakhs to 1.00 crore.

My Question is that - does this limit is applicable for F.Y. 2013-14 or from F.Y. 2014-15 onwards.

Nikhil the limit is applicable from the financial year 2013-14.

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