Quick Summary
GST Audit scrapped as Budget omits section 35(5) from GST Act to allow self certification.
Below is the updated amendment
- Online Advanced GST Training and Certification Course by CA Bimal Jain - Click here for details
- GST Practitioner Course Certified by MSME Govt of India - Click here for details
- 20 hours Live GST Practical Training class on GST portal - Click here for details
FAQ :
The GST Audit has been scrapped because section 35(5) of the GST Act, which mandated it, was omitted from the Act in the recent Budget.
The omission of section 35(5) allows for self-certification instead of a mandatory GST Audit.
The GST Audit requirement was removed following the recent Budget.
This change potentially simplifies compliance for businesses by allowing self-certification.
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