Menu
Limit for GST Audit
Whether the limit of Rs. 2cr is applicable on per entity/branch or it should be taken as aggregate of TO of all entities/branches?
Replies (6)
Its As per aggregate turnover of all the Branch (PAN Based)
Suppose, a company is regtrd in 4 different states. TO of 2 states exceed 2cr and TO of other 2 does not. So audit will be conducted for all 4 entities and not just 2.. Right?
Yes audit for all the 4 entities.
Thank you so much :)
No... GST Audit required only for the 2 entities which is Turn Over exceeding 2cr.
@ Raja.. reference please?
Recent Topics :
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
Related Topics :
CAclubindia
