if the eligibility of VAT audit is 40 lacs and a assesse had 1crore sales and out of which 95 lacs sales is export and rest was domestic sales. Is he liable for Vat audit.
CA Gaurav Choradia (Relationship Manager ) (418 Points)
30 December 2009if the eligibility of VAT audit is 40 lacs and a assesse had 1crore sales and out of which 95 lacs sales is export and rest was domestic sales. Is he liable for Vat audit.
CA Ashish Bansal
(Manager Finance & Accounts)
(73 Points)
Replied 30 December 2009
There is no eligibility of 40 lacs and he is required to get his Vat Audit
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
