Audit Report - Form 217

[Nirav Raval]

In Gujarat commercial tax audit report ( Form 217) is applicable for file to all the register for vat or not ?

If not then how much turnover is required for it.

[Ganeshan Kalyani]

It is not applicable to all the dealers.

[MUKUND THAKKAR]

if your turn over is more than 1crore or 1crore VAT audit report is required. as per Gujrat vat.

AI Summary

Gujarat VAT Audit Report Required Only for Dealers with Turnover Over 1 Crore, Form 217 Not Always Needed. A query was raised regarding the applicability of the Gujarat commercial tax audit report (Form 217) for VAT registration. It was clarified that this requirement does not apply to all dealers. Specifically, a VAT audit report is mandatory if a dealer's turnover exceeds 1 crore, as per Gujarat VAT regulations. Two responses provided this information, addressing the initial inquiry about the turnover threshold necessary for the audit report requirement.