Hi All
Is VAT Audit for shops mandatory for every year?
Can anybody explain me about the VAT audit or provide any link which will help me to get the knowledge on VAT audit.
Thanks in Advance
Hi All
Is VAT Audit for shops mandatory for every year?
Can anybody explain me about the VAT audit or provide any link which will help me to get the knowledge on VAT audit.
Thanks in Advance
Compolsory of VAT audit is based on Turnover criteria.
In Karnataka it is Total Turnover of Rs.1crore.
Kindly refer your state Act
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