Turnover for which period to be exceeds of Rs.1 crore for VAT audit applicability.

For example : If turnover for the year ended 31.03.2017 exceeds Rs.1 crore then for which year VAT audit will be applicable for FY 16-17 ya FY 17-18

pl send me Excel format of Form WW TNVAT In Excel to My mail Id priyaimpex1976 @ gmail.com

Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=374880&offset=14

Dear Sir,
I am not eligible for Form-704. While filling Regular Rtn annxures for 2014-15 I have mentioned wrong TIN number & now i want to file revise E-Annexures.
So Can i file revised E-annxure if yes then i have to revise Form.-231 ? or any other option to rectify TIN number.
Please advise.

Thanks
Narayan Yadav

Dear Sir, We are dealing in sale / purchase of readymade garments. We made only local sale & purchase from interstate. can we are liable for audit under section 59(2) of dvat act or not. We have not applied any refund in our return. Can u plz send me a copy of reply against this notice

Dear Sir,

We are dealing in sale / purchase of readymade garments. We made only local sale & purchase from interstate. can we are liable for audit under section 59(2) of dvat act or not. We have not applied any refund in our return. Can u plz send me a copy of reply against this notice

While filing M-VAT audit report form 704, In Annexure J-1,the sale of some dealers was shown in Local sale to Non TIN Holders due to non availability of VAT Tin at that time.

Some dealers have mentioned wrong TIN in their J-2 and hence there is sale suppression, for this we can do followup with that particular dealer and can ask him to rectify his J-2.

But in the cases where the sale is shown in Non TIN holders column then how to rectify J-1, because in Annexure J-1 the minus figures are not accepted and if we put VAT TIN of dealer and show sale against that without making reduction of that much amount in the column " Local sales to Non TIN Holders" then unnecessary sale will increase.

So can any one provide solution to correct J-1 by reducing the amount shown in the column " Local sales to Non TIN Holders"

Dear Sir, Whether VAT on Fixed Asset(Truck purchase for delivery of Goods) total credit available in the same year in which asset is purchase in MVAT Act?

Read more at: https://www.caclubindia.com/experts/credit-of-vat-on-fixed-asset-995295.asp#

Earlier we Manufacturers with less than 1.5 Crores turnover were exempted from Excise Duty Registration but were covered under State Vat. Now we are covered in Regular GST.How can we take Transitional credit of stocks on which excise duty was collected by suppliers in invoices ?We have already taken State VAT credit of such stocks before 1/7/17.

A partnership firm having 3 partners with annual turnover of 45 lac is planning to dissolve and all the 3 partners will carry on business in their individual names and in that case turnover of each partner will be less than 20 lac.Will they get the benefit of 20 lac exemption limit each under GST?

please inform last date for filing Form WW for FY 16-17 in TNVAT form.