FOR GST AUDIT

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Rahul (Querist)
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07 November 2019 Respected Sir,
I confused about consideration of turnover in GST audit. Turnover should be consider from April to March or July to March ??
I have party whom turnover April to March Above 2 Crore But in period of July To March Below 2 Crore. Whether he is liable for GST Audit or Not ??
I have another one party whose engaging in retails sale of petroleum business is liable for Gst Audit ?? ( whose turnover in Gst Rs 16 lakh as well as in Vat 16 Crore whether he is liable for GST audit or Not ?? )

Please provide your valuable answer as soon as possible.

Thank you in Advance.

CA Anita Bhadra

CA Anita Bhadra (Expert)
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07 November 2019 As per sec 35 of CGST Act every registered person whose turnover during a FINANCIAL YEAR exceeds the prescribed limit shall get his accounts audited

Since there is no specific clarification has been provided by Govt . for GST turnover ( 2017-18) for audit purposes , it is advisable to consider Turnover for full FY ( 01 Apr 17 to 31 March 18

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