Hello frnds.
Please let me know, is there any ratio is required to check before filing VAT return with regard to purchases and sales.
Eg: Purchases 1,00,000
Sales 2,00,000
% of purchases over sales 50%
Is this computation is required ??
Hello frnds.
Please let me know, is there any ratio is required to check before filing VAT return with regard to purchases and sales.
Eg: Purchases 1,00,000
Sales 2,00,000
% of purchases over sales 50%
Is this computation is required ??
CAclubindia
