IN MAHARASHTRA VAT AUDIT LIMIT FOR THE PERIOD APR 2017 TO JUNE 2017 IS 25 LAKH. DOES TURNOVER OF 25 LAKH INCLUDES TAX OR VAT AMOUNT.PLEASE HELP
Menu
Vat audit limit fy 2017-18
Replies (2)
Yes, definition of turnover in MVAT Act includes the tax/Vat amount to calculate turnover
If the turnover exceeds Rs 25 lakhs, then VAT Audit is compulsorily.
Recent Topics :
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
Related Topics :
CAclubindia
