Gst audit scrapped?

is it true that gst audit is scrapped
in budget today?
Replies (2)
Quick Summary
The mandatory requirement for businesses to get their annual accounts audited and submit a reconciliation statement appears to have been scrapped in the latest budget. Clause 101 of the Bill proposes to remove this obligation from the Central Goods and Services Tax Act. However, the exact date when this change will come into effect is yet to be confirmed via notification.

Clause 101 of the Bill seeks to omit sub-section (5) of section 35 of the Central Goods and Services Tax Act so as to remove the mandatory requirement of getting annual accounts audited and the reconciliation statement submitted by specified professional.

Still the date of effectiveness yet to come through notification

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