Advances are paid and purchase bills collected. How do we come to know about the genuinity of transaction. Purchases have been inflated and VAT input availed..
AMJAD PASHA (ACCOUNTS MANAGER) (47 Points)
12 November 2010Advances are paid and purchase bills collected. How do we come to know about the genuinity of transaction. Purchases have been inflated and VAT input availed..
Ravi Prasad
(Self employed)
(148 Points)
Replied 16 November 2010
First get verified the dealers credentials from the Department either personally or through the web sites
Second, report to the Department and ask for the cross check
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