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VAT Audit - Gujrat Sales Tax practitoner can do

Others 5789 views 5 replies

 

we can't under stand why Apex court says vat audit by ca only if ca is a degree course then LLb is also a degree course secondly, those who knows the vat act are most perfect to vat audit either he is ca or llb does not make any difference.  BUT in GUJRAT, still Sales Tax Practitoner CAN DO vat Audit bcoz in Gujrat Vat Act ,  Sales tax Practitoner is authorised as Auditor while in maharashtra Act, Sales tax practitioner is not authorised .

GUJARAT Sales Practitoner is still authorised for Vat Audit  and will continue as it is given in law

 

Replies (5)

this is good news for gujarat sales tax practitioner

I am a tax practitioner since 1992,it is sorry to inform that 90% chartered accountant have almost no knowledge VAT/CST. My saying is not just but by my practical experience. It may also be confirmed from expert querry of CACLUB.

It is  suggest that those who have a experience of sales/vat/cst practice for a long period should only be allow to conduct VAT audit.

In VAT Audit Report, PART II of Statement of Particulars - A, the is a column F to write the GROSS PROFIT. but how to fill COMMISSION SALES figure in "E Sales"
The conclusion that in Gujarat, VAT Act provide for certification by sales tax practictioner is not corret. The provision will become contra to Section 29 of Advocate Act, 1961. Further, the argument that STP is more acquainted with VAT/GST provisions or having a degree will suffice for certification cannot sustain, as having a degree does not mean auto-qualify to opine about accounts. If that is to, we can go for prescribing medicines also. Every person should respect their areas of duty and also should give respect to other professionals. SC had given the verdict after hearing both parties carefully.

I start business by working as a contractor and do government works(civil works), I get register with VAT (Gujarat) authority, now i want to opt lumpsum payment, so what should i do for that. please guide me completely where to make application for composition schem, the details procedure and also how to get the tax deduction account number.


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