As per TNVAT Act, If Gross Turnover exceeds 1 crore then VAT Audit is required. If a dealer in OIL Busines alone (Refined oil, Groundnut oil etc) whether there is any other slab is available under TNVAT Act? if anything else clarify the issues.
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Vat audit
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TN VAT AUDIT RUELES TELL it will be applicable all sectors except central and state govt authorities , local authorities and railway authorities under railways act 1989 and tamil nadu state road transport corporation
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