Hi Friends,
what is the criteria for VAT Audit (form 240) by Chartered Accountants under KVAT Act for F Y 2010-11
CA.KAILASA MURTHY G K (Practice as CA) (183 Points)
22 December 2011Hi Friends,
what is the criteria for VAT Audit (form 240) by Chartered Accountants under KVAT Act for F Y 2010-11
j.r.kota
(proprietor)
(79 Points)
Replied 23 December 2011
it is 1.00 crore under tha karnataka value added tax - KVAT.
Anoop N S
(Finance Manager )
(69 Points)
Replied 27 December 2011
can u please provide some more details .. amendments..
Subramanya
(in practice)
(109 Points)
Replied 29 December 2011
Hi,
I think the limit for VAT audit is a turnover of 60 lacs in AY 11-12...dont kno whether it is revised to 1 cr for AY 12-13..
Pls post d amendment link...
j.r.kota
(proprietor)
(79 Points)
Replied 29 December 2011
for KVAT ref circular #1 dated 21.04.2011 - KSA.CR.230\2010-11 DT 21.04.2011
jrk