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Gst audit for tax free goods businesse.

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VIJAY

M.Com

38 Points Posted on 23 September 2020

i am involved in tax free goods (garlic n onion) business tax free goods turn over is around 10 crore .i have purchase also packing material as bardan around 20 lack in last financial year for packing garlic no other taxable goods sales . packing material is consumed in garlic Gst audit is compulsory for my business. what i am liable for Gst audit.

Replies (3)

Quick Summary

This discussion clarifies GST audit obligations for businesses dealing in tax-free goods, like garlic and onions. Even if your sales are tax-exempt, if your aggregate turnover (including both exempt and taxable supplies) exceeds ₹5 crore in a financial year, you are likely liable to furnish GSTR-9C, which is the GST audit report. This applies even if you only have expenses like packing materials for these goods.

Pankaj Rawat

GST Practitioner

55067 Points Posted on 23 September 2020

Yes.....
It's not question about Exempted or taxable Goods , the Notification 41/2020 CT , read with Rule 80 of CGST Act , whose AGGREGATE TURNOVER in FY exceeds 5Crore is liable to furnish GSTR 9C (Audit) .

Note : As per Defination of Aggregate Turnover provided on Section 2(6) of CGST Act , it includes turnover of both EXEMPTED & TAXABLE.

Hence you are required to file 9 & 9C