As per Karnataka VAT Act the dealer has to get his accounts audited if the turnover crosses 1 crore.
As per the act the turnover includes:
So Turnover = Sales + CST Purchases + Imports + Purchases from Unregistered Dealers (URD)
Posted 3 years, 11 months ago by CA Pulkit Sharma
yes and turnover is inclusive of tax.
Posted 3 years, 11 months ago by MANOJ SHARMA
Total turnover or taxable turnover ?
Posted 3 years, 9 months ago by HS VEDANTA DESHIKA
You need to be logged in to reply.