threshold limit for GST
This query is : Open
CA Meet Sagarka
(Querist)
11 June 2017
sir I want to know what is exact turnover limit for GST audit?
CA Rashmi Gandhi
(Expert)
11 June 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.
CA Meet Sagarka
(Querist)
11 June 2017
ya,but when I asked to my principal that sir what is the limit then he said that as per latest rules it is 2 cr so can you provide me any notification in this regard
CA Rashmi Gandhi
(Expert)
11 June 2017
https://cleartax.in/s/audit-under-gst
CA Meet Sagarka
(Querist)
11 June 2017
thanks madam
Message likes :
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CA Rashmi Gandhi
(Expert)
11 June 2017
Welcome its my pleasure
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