How to do VAT assessment under KVAT
I am new in bangalore, so I am not aware of VAT assessment under KVAT. So please tell me what step is taken regarding this.
To understand the assessment procedure first you have to read KVAT act and rules. You can join a firm which is handling VAT work, practical exposure is as important as theory knowledge.
Assessment is similar under all VAT acts all over India. Depending on the notice, the procedures depends.
VAT Assessment is not an easy task to complete. Normally it will take more than 10 days for any kind of assessment.
You have to be ready with all thedocuments belinging to the year of Assessment.
Sales Tax officer will be searching for atleast one mistake till he/she don't get it they are not going to stop for asking some or other document.
Better to submitt all the asked documents with a office copy.
Prepare all the required docs. AND in CA Practice have a habit that never submit even a single paper without acknowledgment.