What is the difference between vat scrutiny and vat
assesement,what is required document for both.
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Answer / ramakrishna
total vat forms and supporting sales and purchases bills
for var srctiny
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / anil kumar mourya
Dear Both are different things:
Under Section 19(5) Chhattisgarh Value Added Tax
scope of Scrutiny is extended only to return filed by
assessee (e.i. application of correct rate of tax,
calculation of tax, interest, any deduction, input tax
rebate.
so, it is based only on the return filed.
While Assessment means assessment of tax on the basis os
books of account manintained/Financial Statement.
my Mobile NO.98271-74637
ANIL MOURYA (C.A.)
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Answer / atul nema
VAT Scrutiny vs. VAT Assessment:It means same vine in
different bottles.
Both are same thing.One has to establish that the data
provided in the VAT returns in the periodic intervals are
true and correct in agreement with the books of accounts
and sale purcase bill/invoices, Input tax Inward/Outward
Register etc. are maintained.
Is This Answer Correct ? | 2 Yes | 0 No |
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