Poonawalla fincorp
Poonawalla fincorp

Audit

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(Querist)
15 September 2012 Dear Expert,
10 Crore se upar ki Turover wali Pvt. Ltd. Co. ki Excise Audit kitne saal par hoti hai
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
15 September 2012 Not Depend on Turnover, Depends on Paying Tax.

EXCISE AUDIT 2000
(i) All assesses ® paying duty > 1 cr. p.a.
(ii) 10 lakhs < duty < 1 crore. ® once in two years.
(iii) Duty < 10 lakhs ® Maximum 20% of units on rotation basis.

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