Audit slab

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For Assessment Year 2025-26, the compulsory GST audit requirement by a CA/CMA for taxpayers with a turnover exceeding Rs. 2 crore has been removed since FY 2020-21. Instead, the GSTR-9C form now requires self-certification for taxpayers with an annual aggregate turnover of Rs. 5 crore or more. This change was recommended by the 43rd GST Council meeting and notified by the CBIC.

S M Basha

S M Basha (Querist)

03 April 2025 Sir

What is the turnover slab for IT audit 1 Cr or 2Cr for the Assmt.Yr 2025-26

With Regards

S M basha

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

04 April 2025 From FY 2020-21 onwards, the compulsory GST audit requirement by a CA/CMA for taxpayers with a turnover exceeding Rs.2 crore stands removed. The Form GSTR-9C is to now be self-certified and submitted by taxpayers with a turnover of more than Rs.5 crore from FY 2020-21 onwards.
As per the 43rd GST Council meeting that was held on 28th May 2021, the GST Council recommended that GSTR-9C may be still submitted as self-certified by taxpayers with annual aggregate turnover of equal to or more than Rs.5 crore. The CBIC notified this change in Notification No. 29/2021 – Central Tax, dated 30th July 2021.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

29 September 2025 Good luck..

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