Practice
4510 Points
Joined July 2017
| Originally posted by : Rajanikanth |
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can any one tell what is that thing we have to see while auditing pur from other contries how gst can we effected gst paid cam take itc |
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Vouching of Purchase from Outside Country
Step-1 Check whether P.O. ( Purchase Order ) raised against Import Purchase.
Step-2 Check Whether P.O. raised as per Quotation & Latest Agreement.
Step-3 Check Bill of entry also attached with purchase voucher and GST input credit not more than show in Bill of entry.
Step-4 Check Material Receipt note attached with Voucher
Step- 5 Check Insurance expenses booked related to Import Purchase & GST Input credit booked related to Insurance Expenses.
Step-6 Check Whether all Freight & Clearing Expenses booked related to import purchase.
Step-7 In case of SAP check GRN passed within a normal period