Indirect Tax · Panaji, Goa
VAT audit and assessment support for dealers in goods outside GST — such as petroleum products and liquor — plus reconciliation and representation for legacy VAT periods and ongoing assessments in Goa.
Overview
While GST replaced most indirect taxes, VAT still applies to a handful of goods kept outside it — petrol, diesel, ATF, natural gas and liquor for human consumption. Dealers in these continue to file VAT returns and face VAT annual audits, and many businesses still deal with assessments for pre-GST periods.
N D Savla & Associates handles VAT audit, reconciliation and assessment support across Goa — both for current VAT-applicable dealers and for legacy VAT litigation. It pairs naturally with our GST audit work for businesses dealing in both VAT and GST goods.
Examination of VAT records, returns and computation under the state VAT Act.
Matching VAT returns with books, purchases, sales and input tax credit.
VAT compliance for goods still outside GST and subject to state VAT.
Support for pre-GST VAT assessments, reassessments and demands.
Drafting responses and representation in assessment and appellate proceedings.
Verification of VAT input tax credit to protect legitimate claims.
Our process
Assess VAT category, records and pending matters.
Match returns with books and input credit.
Conduct the VAT audit and prepare the report.
Respond to notices and represent in assessments.
Frequently asked questions
Yes, for certain goods outside GST — petrol, diesel, aviation turbine fuel, natural gas and alcoholic liquor for human consumption. Dealers in these still file VAT returns and may face a VAT annual audit under the state VAT law.
The examination of a dealer's VAT records, returns and tax computation for the year, confirming output VAT, input tax credit and turnover are correctly declared under the state VAT Act, resulting in the prescribed VAT audit report where applicable.
Dealers in VAT-applicable goods such as petroleum products and liquor above the prescribed turnover threshold, and businesses facing assessments, reassessments or litigation for pre-GST VAT periods.
Yes. Many businesses still face VAT assessments, demands and appeals for pre-GST periods. We reconcile old records, respond to notices, prepare submissions and represent you in assessment and appellate proceedings.
VAT returns, purchase and sales registers, tax invoices, input tax credit records, stock and turnover statements, and prior assessment orders where relevant. We provide a checklist tailored to your VAT category.
GST audit covers goods and services under GST; VAT audit applies to the limited goods still taxed under state VAT and to legacy pre-GST periods. A business dealing in both may require both.
Incorrect or late VAT compliance can attract interest, penalties and adverse assessment orders and may invite scrutiny. A proper VAT audit and timely responses reduce exposure and protect legitimate input credit.
Yes — VAT annual audit, reconciliation and assessment support to dealers and businesses across Panaji, Margao, Vasco, Mapusa, Ponda and the rest of Goa.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll reconcile your VAT, complete the audit and represent you in assessments — no obligation.