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upvat audit

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(Querist)
17 March 2009 our company is a CPSU generating electricity.We are not availing input vat credit as our end product is not vatable.Our Co is situated at UP.May pl advise whether VAT Audit is mandatory for us or not.
P Ghosh.
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
17 March 2009 No

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