Vat query

No you r not liable for MVAT audit (Form 704) this year.

Originally posted by : Sandhya Bindani
	last year i was eligible for VAT audit but this year my turnover doesnt cross one crore whether i am liable for 704 this year??

dear sir my firm purchased from up registered dealer but sale in cash to unregisterd dealer and my firm has in compounding scheme, So i want to see complete filledup from 24 quarterly in up vat. Please help me.

If i am a dealer and purchase 3 pcs. of a goods as on 24.06.2015 having total input VAT is rs. 600 and sale only 1 pcs. upto end of june 2015 quater , output VAT on sale item is rs. 350 then whether i claim input vat credit only for one pcs. and deposit rs. 150(350-200) or there is no requirement to deposit VAT because i have ITC of Rs. 600 and my output VAT liability upto june quater is only rs. 350 .

Hi,

For Karnataka PT i paid 3lakh instead of 30k,

how can i get back?

u r not liable for MVAT audit

Any one Told me What is taxable Turn Over In Tnvat....