VAT Audit
VAT Audit Procedure
A VAT audit is essentially the government’s examination of a company’s taxable entity duty. The Tax Authority conducts this type of
audit to guarantee that all liabilities are fulfilled and all taxes due are collected and remitted to the government within the period specified. We have designed an approach and methodology to review for post-implementation compliance so that these errors and issues can be identified and fixed. If you have not so far considered a review following the implementation of VAT, we strongly advise carrying out such an exercise to check and validate your compliance.
Documents required for VAT Audit
All receipted tax credit notes and documentations All tax invoices and documentation that have been issued.
Records of purchases of goods and services for which the input tax was not deducted. Export records of goods and services. Accounts or tax invoices that have had modifications or corrections made to them.Details of imported goods, as well as customs declarations and invoices from suppliers All supplies and imports must be documented. Tax invoices and other papers pertaining to the receipt of goods and services
VAT Audit Services by Gnosis
When you choose Gnosis, you will be joining a diverse list of businesses from various sectors who have greatly benefited from our efficient services.
Your information will be completely secure with us and we will help you in every step of the way. We are covering all the subjects related to VAT. We are providing the best VAT services and helping businesses to avoid VAT fines and penalties by guiding them in the right direction. Our VAT services consists of VAT registration, VAT return filing, VAT accounting, VAT audit, VAT refund and VAT Deregistration. We have professional and highly experienced VAT auditors who ensure VAT compliance by providing best VAT audit services.