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gst audit turnover
only turnover as per one gst registration exceeds 2 crore. is audit required for all other gst registrations of party where turnover is below limit. all gst registrations are under same pan.
Replies (1)
Yes As per section 35 CGST act , Law reads out like this only , lets suppose company has 2 branch A in one state & B in other state & If turnover of A is 1.75 Crore & B turnover is 50 lac , as the turnover under one pan exceed 2 crore the Audit will applicable on both Branch .
Yes , it's strange & not practical & Govt should give clarification on this
Yes , it's strange & not practical & Govt should give clarification on this
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