GST AUDIT & ANNUAL RETRUN

343 views
User Avatar

43 Points Posted on 11 July 2020
GST turnover including GST is 5 cores for year 2018 19 & 2019 20
please explain about GST return 9 & 9C
Also explain about threshold limit of AUDIT
0 Reply Share Follow
On 11 July 2020 at 10:44 Report
Replies (3)
Quick Summary
This discussion clarifies the thresholds for GST audits and annual returns for the financial years 2018-19 and 2019-20. It addresses the confusion surrounding whether turnover should be calculated inclusive or exclusive of GST for these requirements. Key figures for audit and annual return limits are provided, along with guidance on how to determine the applicable threshold based on your GST turnover.

User Avatar

Chartered Accountant
12739 Points Posted on 11 July 2020

turnover shall be considered as without GST 

and the limit for the GST audit is Rs. 2 cr 

Reply
On 11 July 2020 at 10:52
User Avatar

7 Points Posted on 11 July 2020
Limit for gst audit is rs. 5 cr. and for annual return is rs. 2 cr and for calculating threshold limit gst will not include in turnover
1 Reply
On 11 July 2020 at 10:55
User Avatar

4215 Points Posted on 12 July 2020
Your turnover must be exclusive of GST
1 Reply
On 12 July 2020 at 17:02

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Reconciliation Tool (2A vs Books) - looking fo
  2. TDS ON PF FORM 19 WITHDRAWAL
  3. Can a virtual office in Mumbai be used for company
  4. Eway and e invoicing in condition where 4 party ar
  5. Bank balance in ITR-3
  6. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  7. Tempsens Instruments IPO GMP Allotment Listing dat
  8. Upload Type - Correction. Not showing in TDS filli
  9. Partnership tax audit query
  10. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V

More recent discussions | Post

Related Topics :

Loading