Typical Vat Audit Checklist

With over 500 private clarifications, a number of guides and public clarifications issued after the enactment of VAT since Jan 2008, it is imperative companies check their policies , process and procedures for ensuring no Vat provisions are violated and proper documentation is kept.

In this regard companies have even initiated a mock Vat Audit to check their own preparedness, on following lines:..

Source: gccfintax.com

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