Gross turnover of sales
Sagar (student) (326 Points)
01 December 2011Sagar (student) (326 Points)
01 December 2011
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 01 December 2011
Total amount of sales whether local or oms or export excluding vat, if more than 60,00,000/- then
it is liable for Mvat Audit.
Sagar
(student)
(326 Points)
Replied 01 December 2011
thanks but does it matter if the HO is at maharashtra and all the entries are passed in maharashtra but invoices are prepared in other states
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 01 December 2011
keep books of accounts in Maharashtra Office during assessment from Sales Tax departments.
You can provide invoce copies to auditor as he reqired.
kavita prashant ubhe
(Article assistant)
(31 Points)
Replied 30 August 2013
what is gross turnover of sale? where and how we record it?
CA. Sushant Bhatnagar
(Associate Manager - Taxation)
(49 Points)
Replied 03 September 2013
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)