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Vat audit

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16 December 2012 If a person sales a goods on consignment having turnover of 10 cr. ,is himself liable to VAT audit or his principle..????ans with reason n thanks in advance.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
16 December 2012 Mvat audit limit 60 Lakh. which state you are belonging. see your state vat rule.

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