I am using composition system for GST calculation.
Turnover of my shop is around 1.0 cr
Do I require GST audit ?
2 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7957 Points)
Replied 16 July 2024
No, a dealer registered under composition scheme is not required to maintain detailed records as required by a normal taxpayer.
Harshad Khona
(149 Points)
Replied 16 July 2024
Thank you Sir for resolving my issue.
I am grateful to you.
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