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Vat Audit

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(Querist)
10 August 2009 Dear Sir
i am working As a Accountant I want
information about vat audit what types of
preparation is need for vat audit

thanks & regards

santosh b kulkarni
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MAHENDRA KUMAR BAGRECHA

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MAHENDRA KUMAR BAGRECHA (Expert)
10 August 2009 You need to have a knowledge for local VAT laws of the state along with notifications and circulars issued by the state. apart from these things, you should have a knowledge for audit,which you must be having. You should compare books of accounts with monthly VAT returns filed. You should go through all the statutory forms issued/in hand with the assessee and any notice/visit by departmental person during the year.
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