Does VAT AUDIT FOR ANNUAL RETURN FILING UNDER TAMILNADU VAT to be certified by CA? or any exemption as available in GST available?
VAT Audit Requirements
VIGNESH
Clarification Sought on Chartered Accountant Certification Requirement for VAT Audit in Annual Return Filing Under Tamil Nadu VAT. A participant inquired whether a Chartered Accountant's certification is required for VAT audit during annual return filing under Tamil Nadu VAT, or if there are exemptions similar to those in GST. The response sought clarification on the possibility of conducting a VAT audit simply and raised additional questions regarding calculation and certified exemptions. The respondent indicated that multiple companies and industries are awaiting these clarifications and requested further answers to their queries. (AI Summary)