Hi
Is vat audit applicability for following transaction:
Total turnover as per Balance Sheet(Net of Excise) Rs.80 lacs
Total Turnover includes:
service export sale Rs.75 lacs
service domestic sale Rs.4.50 lacs
Scrap sale in maharashtra Rs.0.50 lacs
NOTE: VAT registration already done.
If VAT audit is applicable, then please clarify with section or notification if any.
VAT AUDIT LIMIT IS RS. 60 LAKHS AS PER MVAT U/S 61(1)(a) FOR fy 2012-13
Varma Raja & Associates
Thrissur
CA Inter
View Details
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
N N V Satish & Co.,
Hyderabad
CA Inter
View Details
Krea University
Chennai
CA
View Details
CCI
Pro
CAclubindia
