can anybody tell me whether the GST AUDIT is applicable or not for FY 2020-21?
Replies (6)
Quick Summary
For the Financial Year 2020-21, the mandatory GST audit by a practicing CA/CMA is no longer applicable. Instead, GSTR-9C can be self-certified by the registered person. While this change has been discussed and is generally understood to be in effect, confirmation via official notification is still pending for some.
Audit by a practicing CA/CMA is no more applicable. GSTR9C can be self-certified by the registered person. But am not sure whether this has been notified yet.