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GST AUDIT LIMIT (TURNOVER)
F.Y. 2018-2019 GST AUDIT LIMIT (TURNOVER)
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Quick Summary
Hi,
If the Turnover exceeds 2 crores the taxpayer has to get his accounts & records audited
Thank you
GST audit limit exceed 5 crores or above
GST audit limit for F.Y 2017-18 is turnover exceed 2 crores,
or For F.Y 2018-19 it's increased to 5 crores from 2 crores.
So, For F.Y 2018-19 , GST audit limit is 5 crores
or For F.Y 2018-19 it's increased to 5 crores from 2 crores.
So, For F.Y 2018-19 , GST audit limit is 5 crores
If your turnover at PAN level is more than 5 crores then GST Audit is applicable to you for 2018-19
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