Applicability of gst audit in case government companies


Arindam (r&d)     20 June 2019

Arindam
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can any body help me that whether GST AUDIT  is mandatory for Government Companies whose turnover exceeds 2 Cr.


Attached File : 132461 20190620125234 gst audit converted.pdf downloaded: 40 times
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NAVEEN CHAND (© terabhaiCAbanega)     20 June 2019

NAVEEN CHAND
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there is no exemption for the government companies  u/s 35(5) of CGST Act , 2017

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HARSHIL JAIN (MD)     20 June 2019

HARSHIL JAIN
MD 
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naveen sir plz check your inbox i have sent you a private message
 

Arindam (r&d)     20 June 2019

Arindam
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but as per Recently a proviso in section 35(5) has been inserted by Central Goods and Services Tax (Amendment) Bill, 2018,

As per section 139 of Companies Act 2013, Government companies are required to be audited by Comptroller and Auditor-General of India, so they are exempt from audit requirement under section 35(5) of CGST Act 2017.


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