No gst audit ?

*No GST Audit from August 1st: CBIC*

Section 110 of Finance Act 2021 : Amendment of section 35.

Section 111 of Finance Act 2021 : Substitution of new section for section 44.
Replies (4)
Quick Summary
Recent updates from the CBIC, following amendments in the Finance Act 2021, indicate a significant change regarding GST audits. Specifically, businesses with an annual turnover below Rs 5 crore are now exempt from filing GSTR-9C. While not explicitly stated as 'no GST audit henceforth', this waiver is a key development for many companies.

For businesses with an annual turnover of less than Rs 5 crore, filing of GSTR-9C is waived off .

Its not been notified yet anywhere  that "There shall be no gst audit hence forth"

 

Notification has came N/No 30/2021

Yes, sorry, there is a notification.

Thanks for clarification

Tq sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details