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

VAT audit requirement applies where dealers exceed a specified turnover threshold, triggering Gujarat VAT audit report obligation. Form 217 is not universally applicable to all VAT-registered dealers in Gujarat; the audit-report obligation arises only where a dealer's turnover exceeds the statutory turnover threshold under Gujarat VAT, making the requirement contingent on turnover rather than registration status alone.