Provisional statement

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shinu (Querist)
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29 October 2020 Sir,
A provisional statement was signed by auditor showing gst liability 12 lakh but actually the gst liability was 2 lakh.. And they paid the amount 2 lakh. But while finalising the accounts the actual gst liability to be show as 2 lakh but auditor is not willing to finalise the same with 2 lakh. The difference in gst liability risen was due to the gst rate.. What to do with the same.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 October 2020 Accept the auditor's view as GST liability raisen due to GST rate.

shinu

shinu (Querist)
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29 October 2020 Auditor has taken 18 percent instead of 3 percent because of communication pblm between the two...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 October 2020 Solve communication problem by informing the auditor right GST rate.

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