Raj Jaggi
Quick Summary
Writing GST the Anand Bakshi Way - Simple Words, Lasting Impact When I started writing articles about GST, I quietly promised myself to make even the most complex provisions feel like a friendly chat rather than a confusing puzzle. I truly believe that when the law is explained simply, it can reach
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FAQ :
A Departmental Audit, as per Section 65 of the CGST Act, is an audit conducted by the Commissioner or an authorised tax officer to check the accuracy of a registered person's record-keeping and self-assessment of taxes. It ensures transparency and accountability in the GST system.
A Special Audit, under Section 66 of the CGST Act, is an in-depth review conducted by a Chartered Accountant or Cost Accountant appointed by the Commissioner. It is ordered when the declared value or input tax credit claimed appears unusual or complex, requiring expert examination.
The Chartered Accountant or Cost Accountant for a Special Audit is appointed by the Commissioner.
A Departmental Audit is usually required to be completed within 3 months from its commencement, though the Commissioner can extend this period by up to 6 months for valid reasons.
The expenses for a Special Audit, including the fees of the appointed professionals, are determined and paid by the Commissioner.
If an audit, whether departmental or special, reveals any short payment, non-payment, or wrongful availment of input tax credit, the proper officer may initiate proceedings under Section 73, 74, or 74A of the CGST Act, depending on the financial year and nature of the discrepancy.
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