Gst audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2017
HOW TO CONDUCT ANNUAL AUDIT UNDER GST .PLEASE PROVIDE THE INFORMATION
22 November 2017
Every registered taxable person whose turnover during a financial year exceeds the prescribed limit [as per the latest GST Rules, the turnover limit is above Rs 1 crore] shall get his accounts audited by a chartered accountant or a cost accountant. He shall electronically file:
an annual return using the Form GSTR 9B along with the reconciliation statement by 31st December of the next Financial Year,
the audited copy of the annual accounts,
a reconciliation statement, reconciling the value of supplies declared in the return with the audited annual financial statement,
and other particulars as prescribed.
an annual return using the Form GSTR 9B along with the reconciliation statement by 31st December of the next Financial Year,
the audited copy of the annual accounts,
a reconciliation statement, reconciling the value of supplies declared in the return with the audited annual financial statement,
and other particulars as prescribed.
Message likes :
1 times
22 November 2017
Audit by Tax Authorities audit under GST
The Commissioner of CGST/SGST (or any officer authorized by him) may conduct audit of a taxpayer. The frequency and manner of audit will be prescribed later.
A notice will be sent to the auditee at least 15 days before.
The audit will be completed within 3 months from date of commencement of the audit.
The Commissioner can extend the audit period for a further six months with reasons recorded in writing.
The Commissioner of CGST/SGST (or any officer authorized by him) may conduct audit of a taxpayer. The frequency and manner of audit will be prescribed later.
A notice will be sent to the auditee at least 15 days before.
The audit will be completed within 3 months from date of commencement of the audit.
The Commissioner can extend the audit period for a further six months with reasons recorded in writing.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
