Quick Summary
ICAI issues a Handbook onCompliances of GST in the Banking Sector. Features of the Handbook is as follows It is bought with a view to help members to examine and substantiate GST compliance by banks specially while doing the Bank Branch/ Central Statutory and Concurrent Audit. By cond
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Handbook is intended to help members examine and substantiate GST compliance by banks, especially during bank branch/central statutory and concurrent audits.
The Handbook analyses GST law provisions concerning income earned by banks, expenses incurred by banks, input tax credit under GST, routine procedural checks, and includes a questionnaire for GST Tax Audit of banks.
The Handbook is primarily for members of the ICAI who conduct audits of financial statements of banks.
It aims to help develop a safe and sound banking sector supported by quality bank audits by ensuring robust GST compliance.
A link to download the Handbook is provided in the article.
CAclubindia
