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.
3 Replies
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
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