Gst audit limit for f.y. 2019-20

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19 Points Posted on 12 January 2021
what is the limit for f.y. 19-20 , 5cr or 2cr.
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On 12 January 2021 at 00:23 Report
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This discussion clarifies the Goods and Services Tax (GST) audit limit for the financial year 2019-20. The limit depends on the nature of your business: 2 crore for service providers and 5 crore for other businesses. Audits are optional below these thresholds, giving businesses the choice to proceed or not.

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Tax consultant
5895 Points Posted on 12 January 2021
Composition 2cr
regular 5cr
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On 12 January 2021 at 07:54
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19 Points Posted on 12 January 2021
Is there any notification
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On 12 January 2021 at 08:47
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Chartered Accountant
24588 Points Posted on 12 January 2021
You can find such notification on gst portal
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On 12 January 2021 at 09:54
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Tax consultant
5895 Points Posted on 12 January 2021
Sorry if service then 2cr apart from service 5 cr as per the rules and regulations of gst
below the limit it is optional if you want you can do or not
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On 12 January 2021 at 09:57

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