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Audit under GST

vishal (Fresher CA) (347 Points)

09 August 2018

If a person is already done his account audited under any other law, then does he required to get his account audited under section 35 of CGST act 2018

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4 Replies

Asiya Begum (Chartered Accountant) (687 Points)
Replied 09 August 2018

yes. Audit under GST is compulsory if the turnover is more than 2 crore. This audit is independent of any other audit under any other law.

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Shivam RC (Student) (23683 Points)
Replied 09 August 2018

Agree with the above comments...

Audit under GST is mandatory if your turnover exceeds ₹2 crore under SECTION 35.
Even if You have audited your Books of Accounts under SECTION 44AB ( Income Tax Act ,1961) , you are required to get your Accounts audited by a Chartered Accountant or a Cost Accountant under GST as per SECTION 35......

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