Hello frnds.
Please let me know, is there any ratio is required to check before filing VAT return with regard to purchases and sales.
Eg: Purchases 1,00,000
Sales 2,00,000
% of purchases over sales 50%
Is this computation is required ??
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Vat return
Replies (1)
No ratios required while filing returns, only required at the time of filling VAT AUDIT REPORT
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