Mvat audit turnover

K P BHANUSHALI (PROPRIETOR) (512 Points)

26 December 2013  

Friends, TO limit for MVAT Audit is 60L.

During the year 2012-13, Trading Op. Stock as on 1.4.2012 was 18L & Purchases were 9L.

Trading Sale during the year 12-13 was 24L.

Also Consignment sale of 58L.

Whether I am liable for MVAT Audit or not.