Vat

One or the other you will have to pay vat. For that you will need books of accounts and financial statements. So it will be better to prepare books of accounts through various measures : bank statement will give you list of customers and suppliers. Take entire ledger along with stock from those parties and incorporate in your books. Then send request letters of detailed ledgers of previous years to parties whose name aapear in current year bank statement. Stock inward outward will help you trace stock shortages and thus potential suppliers. You can take purchase party report from officer ( if in Maharashtra ) or check ITC report in online website under dealer information system. Like this you will be able to prepare and finalise books. Then ratios of g.p and n.p will help you more in finalisation. Regards

Thanks for ur valuable rply