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N Thulasiraman

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  • Reconciliation Expertise

    • February 12, 2018
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    Reconciliation Expertise By N Thulasiraman The VAT Authorities incorrectly demanded VAT to an extent of Rs.95 crore for Purchase and Sales Suppression. Their contention arose from the difference between monthly returns filed and the annual accounts. Purchase suppression Rs.79 Cr arose mainly on account of authorities considering raw material consumed value as purchases. This was
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